Legislative Council - Fifty-Fourth Parliament, First Session (54-1)
2018-11-13 Daily Xml

Contents

Shanghai Trade Office

The Hon. I.K. HUNTER (14:38): Supplementary: the minister mentioned KPIs and an agreement, but what mechanism have you put into place? Have you formally put into place a mechanism for monitoring those KPIs and the agreement that you said you have in place, or is it just the vibe that you will be looking at in 12 months' time?

The Hon. D.W. RIDGWAY (Minister for Trade, Tourism and Investment) (14:39): It will be more than a vibe. I am not sure of the exact—I will bring back some information for the member opposite on when we are going to review the KPIs.

Members interjecting:

The Hon. D.W. RIDGWAY: No, the KPIs—I am not sure whether we are reviewing them six-monthly, annually, every two years, but clearly we are going to have some KPIs, because the KPIs of those opposite reflected, in 2002, 6 per cent of the population and 8 per cent of the nation's exports, and 16 years later, in 2018, 7 per cent of the population and less than 4 per cent of the nation's exports. Taking the KPIs over a whole 16-year period of members opposite, our relevance diminished by 50 per cent on the national stage.