Ms Catherine King (Ballarat, Australian Labor Party, Minister for Infrastructure, Transport, Regional Development and Local Government) Share this | Hansard source

Thanks very much to the member for Kooyong for her question. The Australian government invests in projects such as the Middle Arm precinct as an important way of setting up our economy for a sustainable future. Instead of funding any particular companies or particular industries, we're actually investing in common-use enabling infrastructure—we do that across industrial precincts across the country—to give all potential users in the market the opportunity to grow and thrive. This includes those able to process and export green hydrogen and energy transition components made locally.

The government is providing in the budget $1.9 billion in planned equity to support the development of Middle Arm, together with regional logistic hubs in the Northern Territory across those key transport links. That's what we're doing. This investment will enable the precinct to be globally competitive, to be sustainable—

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