Senate debates

Thursday, 15 September 2016

Bills

Budget Savings (Omnibus) Bill 2016; In Committee

9:58 pm

Photo of Larissa WatersLarissa Waters (Queensland, Australian Greens) Share this | Hansard source

Minister, my understanding is that the whole point of the Prime Minister's Clean Energy Innovation Fund was to allow higher risk investments within the pool of money allocated to the CEFC. If you are now taking that ability away and taking $800 million out of that $1 billion, are you also now claiming that it will not have any impact on the risk profile of the investment decisions that can be made? Are you saying that the Prime Minister's announcement was a complete sham the whole time? Or have you got your facts wrong?

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