Senate debates

Wednesday, 21 June 2017

Questions without Notice

Steel Industry

2:31 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Minister for Industry, Innovation and Science) Share this | Hansard source

The Arrium sale process is at a sensitive stage, and the process is run by KordaMentha, not by the government. As I have said, we are in the process of discussions with the preferred bidder as set out by KordaMentha. At this stage it would not be appropriate for me to stand up now and give a public assessment of the details of each of the bidders' proposals, which are of course confidential. As I made clear, the cross-jurisdictional task force that is looking at these matters is well supported by financial and technical advisers on both sides.

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