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

When our current Prime Minister was Treasurer and he announced the details of this sale, he said it was in the public interest because Moon Lake Investments had made an undertaking that they would spend $100 million on this iconic business and piece of land in Tasmania's north-west, indeed the biggest dairy in the country. They have not met those undertakings. Indeed, there have been leaked allegations—very serious allegations—by the staff of the company asking to be indemnified against underinvestment in the business and the potential ramifications that has for animal welfare issues and cruelty on the farm, not to mention underinvestment in Tasmanian devil environmental mitigation and the employment of locals in your neck of the woods, Senator Duniam.

This is not good enough. Our foreign investment laws aren't worth the paper they're written on if they're not enforceable. It is possible for this to be enforced. There is a pathway forward there. I ask the Senate to support this motion.