John Williams (NSW, National Party) Share this | Hansard source

I refer to an answer from Senator Wong to Senator Cormann today in relation to investments. Investment about this $120 billion black hole is very important, and we are learning a lot about investments today. In fact, the second piece of legislation in general business this morning was about ethical investments and was brought forward by the Greens, as we are talking about investments and how we are going to invest that Future Fund put away by the Howard government under that great Treasurer Peter Costello for retirement funds. It is quite amazing with these ethical investments. What is proposed—and perhaps some of this black hole filling may be used in the government's budget—is to invest in the potential effects of peace and stability. That is the proposal that has been brought in this morning. I refer to our investments and the $120 billion black hole.

It is amazing that Greens Senator Lee Rhiannon has investments in a company called ERA, Energy Resources of Australia, a great company.