Senate debates

Tuesday, 23 August 2011

Questions without Notice

Steel Industry

2:28 pm

Photo of Kim CarrKim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

I thank Senator Fierravanti-Wells for her question. Your question would come with greater force if you had actually signed up to the steel industry transformation scheme. The coalition has yet to agree to support the steel industry transformation scheme and has yet to support any practical measures in this parliament to support clean technology programs, which are of course at the core of the transformation that is required in Australian industry to be able to adjust to the circumstances that are developing within the Australian economy and allow us, as an economy and as a society, to actually build new enterprises and transform our existing enterprises to meet the challenges of climate change and meet the challenges that we are facing in terms of the major global restructuring of manufacturing.

Senator, I am somewhat amazed that you would have the audacity to ask a question about our position on the steel industry innovation programs such as we have with the steel industry transformation scheme. What we have done is provide assistance to BlueScope to allow it to make the necessary adaptations, modifications and transforma­tions to ensure the long-term viability of the company. What we have done is provide financial support to the company—if it is required, Senator—to ensure that the company has the opportunity to improve its financial health and to secure the jobs of thousands of Australian workers, a policy position which you have rejected. So it is extraordinary that you should have the gall to— (Time expired)

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