Senate debates

Thursday, 15 September 2016

Bills

Budget Savings (Omnibus) Bill 2016; In Committee

10:00 pm

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

Minister, we can be here all night if you do not want to answer the questions. If you do not know the answer, I am quite happy to wait for you to talk to the advisers. I am simply going off the material that the Prime Minister has put in the public domain. You are the minister; I am happy to be corrected by you. My understanding was that the whole point of the CEIF was high-risk investments. If you are now taking money out of that and then saying there is no impact, are you belling the cat that in fact it was a bit of a farcical arrangement in the first place, or will there in fact be an impact in that higher risk investments will not be able to be made to the tune of $1 billion but only to $200 million?

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