Kim Carr (Victoria, Australian Labor Party, Shadow Minister Assisting the Leader for Science) Share this | Hansard source

My question without notice is to the Minister representing the Prime Minister. The Victorian government has been shamed into taking action on SPC by Daniel Andrews and Labor. I note that the Prime Minister sought to justify the Commonwealth government's refusal to provide support for SPC Ardmona by referring to the profits of the parent company, Coca-Cola Amatil. He said: 'Why should the Commonwealth taxpayers give money to a $9 billion company that made a $215 million after-tax profit in the last six months? It doesn’t make sense.' Why is the government providing $16 million to Cadbury, whose $62 billion US parent company, Mondelez, this morning announced an annual profit of $3.9 billion? Why does supporting SPC not make sense but giving money to a company that is eight times more profitable— (Time expired)