Ed Husic (Chifley, Australian Labor Party, Minister for Industry and Science) Share this | Hansard source

We said before the election that we were very focused on addressing manufacturing self-sufficiency. We said we'd revitalise manufacturing, and a big part of that is the National Reconstruction fund. We said that this is what we would do, and we are not wasting any time in working on that.

I can report to the House that the consultations around the National Reconstruction Fund, which will be modelled off the successful Clean Energy Finance Corporation, have been very positive. Chemistry Australia described the NRF as a once-in-a-generation opportunity. The Tech Council of Australia says this is a landmark investment. Group of Eight says the NRF will be a strategic pillar in Australia's future economic prosperity. Orica says supporting the further development of Australia's industrial capability and sovereign strength is very important. The Minerals Council of Australia says the NRF will be an important vehicle to support regional industries. Ai Group—

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