Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

Yes, it will transform our economy for a new era. A whole generation of workers will be trained in the latest engineering, technology and building skills. There will be significant benefits across the nation, through increased economic activity and job creation, which will start immediately and grow over time as we develop a whole new industry and new supports for that industry.

It's all part of our economic plan to undertake investments to build the capability of our people and expand the productive capacity of our economy for a new era. I've already mentioned the Future Made in Australia plans and the Buy Australian Plan policy.

We also have the National Reconstruction Fund, obviously. It would be good to pass the legislation that supports that.

We've policies for fee-free TAFE, Jobs and Skills Australia and acting on climate change. All of these policies are designed to grow the economy, boost productivity and upskill Australians, and the AUKUS investment is another vital part of our economic plan going into the future.