Don Randall (Canning, Liberal Party, Shadow Parliamentary Secretary for Energy and Resources) Share this | Hansard source

I am continuing my contribution on the Uranium Royalty (Northern Territory) Bill 2008 here this evening, which Hansard will record I began last evening. Last evening I spoke generally on the royalties regime. I said that the royalties have been set at 18 per cent, that Australia has something like 40 per cent of the world’s uranium deposits, that the use of uranium in power generation saves the world something like 400 million tonnes of CO2 gases per annum and I spoke about the benefit to our economy. I was progressing towards speaking further on the bill. I note that it was such a riveting contribution that the member for Brand has again made sure he is in the chamber to hear my contribution this evening. I have just made a quick appraisal of his contribution because he was the only speaker from the Labor Party on this bill. I notice that, as much as I am sure he has a particular view, he stuck to the party line, saying that he does not want to see it outside the three-mines policy.

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