Senate debates

Thursday, 1 September 2016

Questions without Notice: Take Note of Answers

Budget

3:32 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

They do not sound big—$100 million, $50 million. Certainly they do not sound big to you, Senator O'Sullivan, given your immense personal wealth.

Honourable senators interjecting—

Okay, that was a cheap shot, I must admit. When we bundle these projects together we can issue infrastructure bonds against them and provide all the finance for local governments and state governments to start filling the infrastructure gap that we have around this country. It is nearly $1 trillion in states and territories around Australia—$1 trillion in underinvestment in infrastructure in this country, and I am talking about transformative infrastructure that would increase productivity and would make for better communities—

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