Senate debates Bills

Export Finance and Insurance Corporation Amendment (Support for Commonwealth Entities) Bill 2017; In Committee


Richard Di Natale

Richard Di Natale Victoria, Australian Greens

10:41 am

Following the same line of questioning as Senator Hanson-Young, we know that Efic has a very flawed track record when it comes to supporting large resource projects. We know that it supported the Wiggins Island Coal Export Terminal, which has performed really poorly. I understand that Senator Hanson-Young has mentioned other projects. The Productivity Commission review in 2012 found a wide range of concerns. Can you just outline to me why we shouldn't address those concerns first, before we grant additional powers to Efic to assist more agencies?

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