❓ Mr. McGrath inquires about the success of WA's business migration program, highlighting its benefits to his electorate. The Minister responds positively, outlining the program's achievements in attracting investment and creating jobs.
AnsweredQoN 750Legislative Assembly
QuestionView source ↗
BUSINESS
MIGRATION PROGRAM
750. Mr J.E. McGRATH to the
Minister for Small Business:
I read with interest about the recent launch of Zone Q
Investments' new project in Perth. As we know, each year new business
migrants bring to Western Australia, including into my electorate of South
Perth, important capital investment, and establish businesses that employ
Western Australians. Can the minister outline the success of the Western
Australian business migration program?
MIGRATION PROGRAM
750. Mr J.E. McGRATH to the
Minister for Small Business:
I read with interest about the recent launch of Zone Q
Investments' new project in Perth. As we know, each year new business
migrants bring to Western Australia, including into my electorate of South
Perth, important capital investment, and establish businesses that employ
Western Australians. Can the minister outline the success of the Western
Australian business migration program?
AnswerView source ↗
I thank the member for South Perth for his question. I also
read the recent announcement with interest. I saw the member's
photograph and that of the Minister for Planning in the newspaper announcing
that $100 million investment in South Perth, and I think it is a wonderful
success story. I want to place on record my appreciation of the small team at
the Small Business Development Corporation that actually works on business
migration projects. It comprises only a couple of people, but they do a
wonderful job of bringing investment and people into the state of Western
Australia, which ultimately creates an awful lot of jobs. The Zone Q project
had its birth in May, when the Small Business Development Corporation nominated
Zone Q Investments for a significant investment visa. Last financial year, the
SBDC nominated 319 business migrants, from markets such as China, India, Japan,
Malaysia, Singapore and South Africa, for visas to come to Western Australia,
bringing their money to invest in our state to create jobs. Of those 319
nominations, 147 business migration visas were granted to come to Western
Australia, bringing with them $260 million and creating 250 permanent full-time
jobs in Western Australia. It is a wonderful outcome for the member's
electorate. It will be a significant investment—$100 million is nothing
to be sneezed at—for a commercial and residential development in South Perth.
The team at the Small Business Development Corporation, as I said, does a
wonderful job in attracting small business and big business migrants to invest
in our state and create jobs and opportunities for the people of Western
Australia.
read the recent announcement with interest. I saw the member's
photograph and that of the Minister for Planning in the newspaper announcing
that $100 million investment in South Perth, and I think it is a wonderful
success story. I want to place on record my appreciation of the small team at
the Small Business Development Corporation that actually works on business
migration projects. It comprises only a couple of people, but they do a
wonderful job of bringing investment and people into the state of Western
Australia, which ultimately creates an awful lot of jobs. The Zone Q project
had its birth in May, when the Small Business Development Corporation nominated
Zone Q Investments for a significant investment visa. Last financial year, the
SBDC nominated 319 business migrants, from markets such as China, India, Japan,
Malaysia, Singapore and South Africa, for visas to come to Western Australia,
bringing their money to invest in our state to create jobs. Of those 319
nominations, 147 business migration visas were granted to come to Western
Australia, bringing with them $260 million and creating 250 permanent full-time
jobs in Western Australia. It is a wonderful outcome for the member's
electorate. It will be a significant investment—$100 million is nothing
to be sneezed at—for a commercial and residential development in South Perth.
The team at the Small Business Development Corporation, as I said, does a
wonderful job in attracting small business and big business migrants to invest
in our state and create jobs and opportunities for the people of Western
Australia.
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