House debates

Tuesday, 11 May 2010

Questions without Notice

Budget

2:24 pm

Photo of Martin FergusonMartin Ferguson (Batman, Australian Labor Party, Minister for Resources and Energy) Share this | Hansard source

Also, for the information for the member for Flinders, that will be extended to the geothermal industry from 1 July next year to also facilitate investment in renewable energy in Australia. I accept that our responsibility is to actually get the balance right between promoting investment in the mining sector and ensuring a fair return to the Australian community for the development of their resources. It is a privilege for these mining companies to actually be able to develop our resources. All the Australian community expects is a fair return for the development of those resources. We have consulted and we will continue to consult to actually get the finer detail of this proposal right for the purposes of guaranteeing Australia’s economic future.

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