Senate debates

Thursday, 25 November 2010

Questions without Notice

Broadband

2:39 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I do not accept the premise of the question. We have a very clear view about the financial viability of this project, and that is a view based on the studies undertaken, the expert panel, the implementation study and the business case which has been received and, of course, the consideration the government will give this. It has been quite clearly indicated by the government that we believe this project is clearly financially viable. There has been a lot of discussion in this place and elsewhere about the fact that there is an internal rate of return above the long-term bond rate. This project stacks up. The reality is that the opposition are not interested in whether the project stacks up. They are not interested in whether this is good policy. They are only interested in opposing it—that is all; just opposition. (Time expired)

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