Senate debates

Thursday, 13 May 2021

Questions without Notice

Foreign Investment

3:30 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Finance) Share this | Hansard source

The question touches on a few points. Certainly, our government continues to pursue measures to ensure energy security across Australia, to ensure that we have a reliability of supply. That requires, at times, the driving of investment decisions forward in relation to generation of new energy in certain sectors. However, Senator Hanson, in relation to the particular grants or supports, I would emphasise to you that we always make sure that companies are operating within Australia's laws. And, indeed, our government has taken various steps over the years to make sure that global tax avoidance measures have been taken in Australia, that we tighten those laws—and we are, in fact, yielding some billions of dollars in additional tax revenue as a result of measures that have been taken to tighten areas of global tax avoidance.


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