House debates

Wednesday, 8 March 2023

Bills

National Reconstruction Fund Corporation Bill 2022; Second Reading

11:16 am

Photo of Julian HillJulian Hill (Bruce, Australian Labor Party) Share this | Hansard source

We were just treated to another in the series of bizarre contributions from those opposite. Using a reasonable voice can't cover up the abject nonsense which is being spouted by those opposite. They're talking down Australian manufacturing saying, 'It is terrible. It's stuffed. There are no workers. Energy prices are out of control.' We even heard, from the previous speaker, that manufacturing in Australia is now 'on an extinction pathway.'

It's like they forget they were the government for the last nine years. It hasn't all changed overnight. The people opposite were the government of the country, through the last decade of dysfunction, dithering, delay and decay. They're responsible for the situation we're in. I'll just remind the speakers still to come: maybe try taking some responsibility and have a look at your own record as you talk about the situation the country's in.

We had eight industry ministers—actually, we had nine. We only had eight that the Australian people knew about and the ninth, of course, was Scott Morrison, who was the secret industry minister when he was also Prime Minister. So that's nine industry ministers in nine years. Apparently, it's Labor's fault that they made such a mess. There's a joke in my community: 'How do you know there's an election on? The Liberals turn up at a mosque.' It's a little bit like what we're hearing here. How do you know the election's over? The Liberals start to care and talk about Australian manufacturing. It is pathetic.

If COVID taught our country anything, it's about disruption to supply chains. If Russia's illegal war in Ukraine taught us anything, it's about the need to manufacture the consumables of war and conflict. If history and common sense teach our nation anything, then it is the critical importance of urgently boosting our sovereign manufacturing capability. The government says, as we're mocked, 'We need to make more things here.' We can make more things here. We should make more things here and we must make more things here.

As the Prime Minister has been saying, before the election and since, we need 'a future made in Australia.' That's what our suite of policies, together, are about. And the National Reconstruction Fund, the $15 billion fund, which is the subject of the National Reconstruction Fund Corporation Bill, is a critical part of that. We have a mandate. We announced it, we released it before the election, and it was carefully designed with industry to respond to actual issues out there in the economy. And yet, those opposite say they're going to vote against it. I encourage them to reconsider their position. To the Greens political party: don't join with the Liberals. Back Australian manufacturing; it's now urgent.

It's got two big goals: to transform industry—bringing new technology and critical sectors—and to create more secure, well-paid jobs, which are so important in my community in south-east Melbourne, covering part of the great south-east metropolitan manufacturing precinct stretching through Dandenong and Hallam. It's the largest single employment sector in that region. It really frustrates me when we hear the common media narrative talking down Australian manufacturing. That said, there are a few home truths. We'll never make everything here. We're a country of 25 million people in a globally connected interdependent world of complex supply chains; we can't make everything here. Of course we have to work with the rest of the world but we need to do much better. If you look at the stats, we are now around the lowest for manufacturing self-sufficiency of any developed country in the world. It is the record we have inherited from the former government that they do not want to own, don't want to talk about. They want to use a reasonable voice so people forget that they were the government responsible for this. That is what we hear. It is all doom and gloom. We heard the former Speaker say, 'My businesses yell at me, 'We are on a path to extinction.' Well, I tell you what you can do if energy prices are such a big deal. You could have voted for the government's energy price relief plan. We recalled parliament in December to cap gas prices to give immediate relief to manufacturers, and what did those opposite do? They voted against it. And what did they do before the election? They changed the law to cover up—I would say 'lie', but we are in the parliament, so I can't say 'lie'—the power price rises that were coming down the pipeline which consumers and businesses are now suffering from. But instead of working with the government to clean up the mess, they voted against it. They voted against power price relief, just as they say they are going to vote against support for manufacturing.

We are also too low in economic complexity, which is a nerdy measure that economists use to look at how complex our economy is. Can we make a wide diversity of goods, particularly high-value complex goods? Japan is at the top of that list. A few years ago we slipped to 87th out of the 133 countries measured and it went down over the decade this mob were in office compared to the previous decade. It is now urgent that this bill passes after a decade of neglect and drift. Those opposite chased the car industry out of Australia. Right here in the parliament, from the government benches, Joe Hockey and Tony Abbott were daring them to leave and guess what?—they left.

Those opposite played politics with grants. The former prime minister made himself the chief decider in the modern manufacturing grants. He was going to make all the decisions. At least that was honest. It was not the series of coloured spreadsheets and dodgy stuff that the Auditor-General found in all the other grants programs. At least he owned it—well done. We have an inquiry into that, and some public hearings on Friday. We will see what went on. As I said, there were eight industry ministers. We will name the rogues' gallery: McFarlane, Pyne, Hunt, Sinodinos, Cash, Andrews—she's still here—Porter, Taylor and Morrison—he is sort of sometimes here. But despite their wasted decade, the $1 trillion in Liberal debt, all the mess, they have learnt to nothing. They are still here in their reasonable voice talking down Australian manufacturing instead of working with the government in the national interest. In voting for the bill to urgently revitalise manufacturing, they say 'no, no, no'. I think we are not allowed to call them the no-alition in here at the moment. It is one of those grey areas. We will stay away from that but we do it outside, though.

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