House debates

Tuesday, 23 May 2023

Bills

Infrastructure Australia Amendment (Independent Review) Bill 2023; Second Reading

4:53 pm

Photo of Andrew WallaceAndrew Wallace (Fisher, Liberal National Party) Share this | Hansard source

It's a fancy word for cuts. You get a prize, Member for Gippsland. It's a fancy word for cuts. That's why he was the infrastructure minister—because he's smart. It's a fancy word for cuts. So, the Prime Minister is up there, pumping up his chest, fluttering up his feathers and saying, 'I'm going to be the Prime Minister for infrastructure,' when the infrastructure minister has called this 90-day review.

Going back to the Mooloolah River Interchange, just for a moment: around 400 Sunshine Coast locals have been evicted, at a time when the federal government have announced this $10 billion Ponzi scheme called the National Housing Fund, the idea being that they borrow $10 billion, invest that $10 billion and hope like hell that the investment they receive is going to be more than the money they're paying out for the interest. And the balance—what's left over—they'll give to the state and territory governments, in the hope that they might actually get something out of it. This is a Ponzi scheme. It could very well result in not one additional home—$10 billion being borrowed by this federal government, when they've just effectively evicted 400 Sunshine Coast locals out onto the streets. Shame on this Labor government. I will continue to hold you to account until you back these projects in.

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