Murray Watt (Queensland, Australian Labor Party, Shadow Minister for Northern Australia) Share this | Hansard source

The largest loan approved by the NAIF, nearly half the value of total loans committed by the NAIF, is a $610 million loan for a pumped hydro project in North Queensland, a project federal Labor supports. The loan has now been delayed after reports emerged that it may lapse. Can the minister advise the Senate: is this $610 million loan proceeding, yes or no?