Senator CORMANN (Western Australia—Minister for Finance) (14:11): This white paper cuts red tape. By cutting red tape, we are bringing down the cost of doing business. For example, we are working with the Northern Territory government on the establishment of a single point of entry for investors in major projects to help them through all regulatory hurdles. We will remove excessive regulatory burdens by streamlining and simplifying cultural, heritage and fishery and wildlife trade regulations and by supporting northern industries, including fisheries and crocodile trade. We will streamline the recognition of occupational licences from other jurisdictions, improving labour mobility into northern Australia. The North will never reach its full potential without secure, tradable titles to land and water. So much of the North is Crown land that is held under state and territory pastoral leases and pastoral leaseholders are generally unable to use their land for activities other than grazing, such as horticulture or tourism. The government will support their work with willing communities and jurisdictions to pilot land reform projects, targeting practical next steps for projects that demonstrate the benefits of land reform. (Time expired)