Excellent news. Who's involved in this? Is there a website in existence yet?
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We're already working on it. The hard part, of course, is the parsing. We have a kick-arse parser and it copes with most stuff they throw in the Hansard. Our major difficulties come from the way the APH website is organised (how they update documents in their database) and works (or rather, doesn't - it crashes *very* frequently).
Having said that, I have a WIP Zope interface that uses what we've parsed already and it's significantly more usable than the APH website. Even with no additional features, that's been worth the effort.