Andrew Bragg (NSW, Liberal Party) Share this | Hansard source

Just to make sure, I said:

Has the department provided any briefing or advice to the minister that if the NRF is not passed it would have a direct impact on Australia's national security?

And Ms Luchetti said, 'No, we haven't.' So I think we can put that to bed. AUKUS is going to be safe if we vote against this bill, which we will.

In summary, I do believe that the Australian people deserve a government that is prepared to fight inflation and is prepared to take the lessons of the past and listen to the IMF and other esteemed organisations that are telling the government to restrain spending and stop the off-balance-sheet items. In relation to the governance of this fund, we will watch very closely how it unfolds in future years. I think it's very questionable and I think potentially very problematic. But it is a huge sum of money, so I'm sure many people will be looking at that and we will be voting against this bill—with confidence that AUKUS will be able to continue as it has, as a bipartisan arrangement.