Senate debates

Monday, 2 May 2016

Bills

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

8:13 pm

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

As I outlined earlier, the arrangements we are putting in place will require the Northern Australia Infrastructure Facility to consult with Infrastructure Australia where a project is of a value greater than $100 million. That is consistent with the Australian government's assessment proposals for infrastructure.

The senator asked specifically about my previous employer. I disagreed with plenty of recommendations that went into reports at the Productivity Commission. I do not necessarily disagree with the recommendations the senator has highlighted, although I probably have not read those reports as closely as he has. But the government is comfortable with the provisions in this legislation that will require consultation with Infrastructure Australia for those large-scale projects, that will require the facility and the board of the facility to ensure that projects it seeks to propose to the minister for financing are of public benefit.

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