❓ Dr. Thomas questions the Minister for Regional Development regarding the Collie Futures Fund, seeking details on fund allocation, project funding, job creation, and measurement methodologies. The Minister provides a breakdown of allocated funds, refers to an attached table for project details, and explains the job creation measurement process.
AnsweredQoN 42Legislative Council
QuestionView source ↗
COLLIE FUTURES FUND
42. Hon Dr STEVE THOMAS to the Minister for Regional Development:
I refer to the $20 million Collie
Futures fund.
(1) What is the balance of
unallocated or uncommitted moneys remaining in the fund?
(2) What projects have received
funding from the fund, and to what value each?
(3) What new
full-time, part-time and casual positions have been created within each project
funded in (2)?
(4) How does the government measure
and quantify new jobs created from expenditure of the fund?
(5) Will the minister table evidentiary data
quantifying the number of new jobs expected to be created in Collie as a
result of that expenditure?
42. Hon Dr STEVE THOMAS to the Minister for Regional Development:
I refer to the $20 million Collie
Futures fund.
(1) What is the balance of
unallocated or uncommitted moneys remaining in the fund?
(2) What projects have received
funding from the fund, and to what value each?
(3) What new
full-time, part-time and casual positions have been created within each project
funded in (2)?
(4) How does the government measure
and quantify new jobs created from expenditure of the fund?
(5) Will the minister table evidentiary data
quantifying the number of new jobs expected to be created in Collie as a
result of that expenditure?
AnswerView source ↗
I thank the member for the
question.
(1) The $20
million Collie Futures fund is in two parts. The first part is the $18 million
Collie Futures industry development fund, and of that, the projects that have
received funding to date come to the value of $14 223 818. Of the $2 million
Collie Futures small grants program, so far $1 016 450 has been committed.
There are several projects under consideration at the moment.
(2)–(3) See table attached.
[See paper 3597 .]
(4) Estimates of
the number of new jobs to be created are derived from each proponent's
project application or business case. Job creation figures are also measured
and quantified via data provided by the proponent in their progress reports or
acquittals submitted as a requirement of funding assistance agreements.
(5) As all the
projects funded to date are still in the early stages of development, exact
employment numbers will only be known closer to project completion. Business
cases form part of the proponents' funding applications and are considered
confidential information under the relevant guidelines. Any decision as to
whether to table detailed job estimate data at an individual project level
would require consultation with proponents. It should be noted that several of
the projects are expected to generate further indirect economic and employment
benefits for Collie.
question.
(1) The $20
million Collie Futures fund is in two parts. The first part is the $18 million
Collie Futures industry development fund, and of that, the projects that have
received funding to date come to the value of $14 223 818. Of the $2 million
Collie Futures small grants program, so far $1 016 450 has been committed.
There are several projects under consideration at the moment.
(2)–(3) See table attached.
[See paper 3597 .]
(4) Estimates of
the number of new jobs to be created are derived from each proponent's
project application or business case. Job creation figures are also measured
and quantified via data provided by the proponent in their progress reports or
acquittals submitted as a requirement of funding assistance agreements.
(5) As all the
projects funded to date are still in the early stages of development, exact
employment numbers will only be known closer to project completion. Business
cases form part of the proponents' funding applications and are considered
confidential information under the relevant guidelines. Any decision as to
whether to table detailed job estimate data at an individual project level
would require consultation with proponents. It should be noted that several of
the projects are expected to generate further indirect economic and employment
benefits for Collie.
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