Senate debates
Tuesday, 12 September 2017
Questions without Notice
Resources Sector
2:55 pm
Nigel Scullion (NT, Country Liberal Party, Minister for Indigenous Affairs) Share this | Hansard source
We are working with the resources industry to support opportunities, to grow investment across the country and to promote more jobs. This is the case with our new mandate of Efic, which will open up more opportunities to support our resource industry. We're doing this in a sophisticated way. We're not just opening up opportunities; we're making sure that small and medium Australian enterprises don't suffer. That's why these resources are only pointing in where there's a demonstrated market gap. The best way to keep pressure on power prices is to open up more opportunities to generate electricity. That is why we have introduced the Australian Domestic Gas Security Mechanism to ensure that we have more opportunities to increase the supply of gas into the market. We have met with the heads of industry and we have taken strong action to ensure we bring these prices down.
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