House debates

Wednesday, 1 December 2021

Bills

Investment Funds Legislation Amendment Bill 2021; Consideration in Detail

7:19 pm

Photo of Adam BandtAdam Bandt (Melbourne, Australian Greens) Share this | Hansard source

In response to that point, which I presume to be the government's argument as well: if that were right, there would have been a slew of FOI applications being made right up until now that would have disadvantaged parties and disadvantaged the Future Fund and its investments, and I would imagine that there would have been put before this parliament a string of examples of what the opposition and government considered to be FOI abuses. It hasn't happened. It hasn't happened for the simple reason that there is already an exemption from disclosing commercially sensitive information under the Freedom of Information Act.

The fact that none of those things have happened suggests that the government in fact has a very different motive for moving this set of amendments, and that is to introduce a whole new layer of secrecy in the Future Fund, and that should be opposed.

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