Senate debates

Monday, 2 May 2016

Bills

Northern Australia Infrastructure Facility Bill 2016, Northern Australia Infrastructure Facility (Consequential Amendments) Bill 2016; In Committee

7:32 pm

Photo of Matthew CanavanMatthew Canavan (Queensland, Liberal National Party) Share this | Hansard source

There is a provision in the legislation which requires the government to ensure that board members have particular expertise. I may be able to find that provision precisely for the senator—thank you to my advisers! Section 15(4) has a number of different fields of experience that board members are required to have, or will not be eligible for the board unless they do have those experiences. Those include:

(a) banking and finance;

(b) private equity or investment by way of lending or provision 13 of credit;

(c) economics;

(d) infrastructure planning and financing;

(e) engineering;

(f) government funding programs or bodies;

(g) financial accounting or auditing;

(h) law.

My understanding is that the members who have been under consideration will have a mix of all of those skills.

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