House debates

Wednesday, 20 March 2024

Questions without Notice

National Reconstruction Fund Corporation

2:51 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

By mid-January, over 160 businesses had already engaged with the NRF. Unlike the previous government, this government is getting on with delivering. We believe in industry policy. We believe in a future made in Australia. We support manufacturing, which is why 100,000 increased jobs is the figure when it comes to manufacturing jobs.

We passed this act that was opposed by those opposite and held up for a while by some on the crossbench as well, but eventually we got it passed through both chambers and it is up and running. We passed the act, and we confirmed an investment mandate to help guide how the NRF Corporation should support Australian industry. The NRF board has been appointed. The NRF CEO is already hard at work. The NRF Corporation is already working to secure a manufacturing future for this country. Unlike those opposite, who told the car industry to leave the country, with the consequences that were there—

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