Jane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

Senator Patrick, I don't want you to take this personally, but, yes, it is your tie! No, it's not your tie. There are a number of issues that will determine what companies the fund will invest in. The revenue range is one of them and profitability is another. But all of the details of this will be outlined in the investment mandate. I can't, hand on heart, stand in front of you today and give you that investment mandate, because it has to be negotiated and worked out by the shareholders themselves. Until this bill is passed and until it is enabled, we can't actually go ahead and negotiate with those other shareholders.