Senate debates

Wednesday, 18 October 2017

Bills

Regional Investment Corporation Bill 2017; In Committee

10:24 am

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

Senator Brown, the level of detail that you're suggesting needs to be included in the bill is probably something that would not normally be included. I'm talking about a class of licence of a loan. The classification of the loan and the eligibility to receive a loan is in the legislation. We're currently out consulting particularly and specifically about the eligibility criteria for those loans. That is one area of consultation that is a very high priority at the moment. We are consulting with not only the farming industry but also the banking sector and the states and territories to make sure that the eligibility criteria of the loan are fit for purpose and will result in the efficient and effective delivery of assistance to our farming community. I'm just wondering why you would think that would need to be included in the bill.

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