Senate debates

Tuesday, 28 March 2023

Bills

National Reconstruction Fund Corporation Bill 2023; In Committee

7:11 pm

Photo of Pauline HansonPauline Hanson (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source

Minister, you just made a reference that it's a pity the Liberal Party aren't on board with this fund to get industry and manufacturing going in Australia. I have been speaking about this since 1996, since my first main speech in parliament. I am not associated with the coalition, but I have doubts about this legislation. Are you really upfront with the Australian people? Are you being truthful about where the funds will go?

I didn't like your answer earlier about who's going to be appointed to the board, whether it's going to be union representatives. Will the union reps then appoint only moneys going to organisations that are unionised? I have a big problem with that. I also have a big problem with the fact that under part 6 section 75(1) it states:

The Board must formulate written policies to be complied with by 16 Corporation bodies in relation to the following matters.

The government amendment then states it must be added, in the case of the corporation, 'the impact of investments of the corporation on First Nations Australians'. Please explain that one to me.

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