Senate debates

Tuesday, 28 March 2023

Bills

National Reconstruction Fund Corporation Bill 2023; In Committee

6:03 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

Thanks, Senator Cash. There are a number of existing investment vehicles across government, each with distinctive functions and powers tailored to the delivery of specific policy outcomes, and you've just mentioned a number of them. The corporation, guided by the investment mandate, will work closely with other investment bodies, including the Clean Energy Finance Corporation and the Northern Australia Infrastructure Facility, to avoid unnecessary duplication.

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