In developing the local industry policy, the Minister must have regard to the following objectives—
(a) maximising employment and business growth in Queensland by expanding market opportunities for local industry;
(b) providing agencies and GOCs with access to a wide range of capable local industry in Queensland that can deliver value for money;
(c) supporting regional and rural development in Queensland;
(d) developing local industry's long-term international competitiveness, and flexibility in responding to changing global markets, by giving local industry a fair opportunity to compete against foreign suppliers of goods and services;
(e) promoting local industry's involvement in value-adding activities in Queensland;
(f) driving technology transfer, research and development, innovation and improved productivity for local industry in Queensland, to enhance value for money.