House debates
Wednesday, 30 July 2025
Questions without Notice
National Reconstruction Fund
3:04 pm
Pat Conroy (Shortland, Australian Labor Party, Minister for Defence Industry) Share this | Hansard source
As I said at the outset in answering the member's question, in less than two years the NRF has made over $400 million worth of investments, including a very significant $200 million investment in Arafura, and we expect it to ramp up over time. The minister has given directions to the fund's administrators. Importantly, as I said, this is one part of this government's commitment to seizing the opportunities from a transition to net zero—grabbing the job opportunities that are there for governments to take action on climate change and are happy to invest in the private sector. I thank the member for her question.
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