Senate debates

Wednesday, 18 October 2017

Bills

Regional Investment Corporation Bill 2017; In Committee

11:52 am

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Assistant Minister for Agriculture and Water Resources) Share this | Hansard source

We have been through this before. One of the key questions was around the criteria, particularly in relation to the loans facilities that are to be offered by this organisation, should this bill pass this place today. A lot of the consultation around the June and July period of this year—with myriad stakeholders, not just the ones that I have just discussed, who were particularly pertinent to the city of Orange—was about the criteria for those loans. It was also following the decision of government that we would be locating the RIC in Orange, should it be established. The consultation in Orange was particularly in relation to the operational arrangements and the program settings around the operation of the RIC.

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