Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

I thank Senator Colbeck for his question. The point remains that the terms of reference had to be properly assessed and agreed. The personnel involved on the panel had to be properly representative of the industry and we had to ensure that the time was taken to do this right. We have not changed our view that this process does run parallel to the assessments that are being made by the company with regard to its due diligence. This review is not an inquiry into the company. The company is entitled to undertake its own due diligence, which is exactly what it is doing. We are determined to identify strategies to overcome the impediments and to capitalise on the opportunities that this industry is now able to enjoy in terms of taking a more innovative approach and ensuring that new investment is attracted to pulp and paper manufacturing in Australia. We want to build on this country’s competitive strengths. (Time expired)