Senate debates Bills

Regional Investment Corporation Bill 2017; In Committee


Anne Ruston

Anne Ruston SA, Liberal Party, Assistant Minister for Agriculture and Water Resources

10:40 am

Senator Rice, I will have to agree to disagree with the intonation of your response. The eligibility criteria for loans and financial assistance are matters over which the executive arm of government currently has control, and it's the opinion and belief of government that it should retain control. The potential impact on the budget is quite considerable, and obviously the executive of government has a responsibility for budgetary control. Therefore, we absolutely believe that it's appropriate that this remains in the control of executive government.

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