House debates

Monday, 9 September 2024

Bills

Future Made in Australia Bill 2024; Consideration in Detail

4:09 pm

Photo of Aaron VioliAaron Violi (Casey, Liberal Party) Share this | Hansard source

Proposed section 10(3) of the bill establishes so-called community benefit principles which a person or body deciding whether Future Made in Australia support should be provided must have regard to. Will the person or body be required to evidence how they have had regard to the principles? If yes, how will this be documented? If no, why not? Further, one of the so-called principles established in subclause (3) is:

(v) demonstrating transparency and compliance in relation to the management of tax affairs …

How exactly will the government demonstrate transparency, and how will this be measured? Will applicable metrics be established in the annual report? How will these metrics be decided? Will the minister have to report on the performance of the person or body against the metrics?

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