Senate debates

Wednesday, 29 March 2023

Bills

Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee

5:49 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source

On consultation with stakeholders and industry groups, I understand there is at least one manufacturing business that indicated that $600 million wouldn't be enough and that $6 billion was a closer figure for what would be necessary to support a transition. Is the government satisfied that that amount of money is going to adequately support these businesses that are trade exposed to be able to get to where they want to be?

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