Senate debates

Wednesday, 18 October 2017

Bills

Regional Investment Corporation Bill 2017; In Committee

10:51 am

Photo of Janet RiceJanet Rice (Victoria, Australian Greens) Share this | Hansard source

My next questions are, again, about the powers of the minister, and in particular the power of the minister to direct the board as to where the corporation is to be located. This level of detail is in the legislation, but the level of detail as to what the money will be able to be directed to is out of the legislation. Why is it considered appropriate to have that level of detail in the legislation where the minister can say to the board, 'This is where your corporation is going to be located,' and yet requirements such as a hardship provision or the fact that you won't be able to target particular regional areas without a hardship provision aren't included in the legislation?

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