Senate debates Questions without Notice

Infrastructure


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Foreign Affairs

2:07 pm

I was actually asked why we were funding it, and I was explaining to the senator why we were funding it. I'd also make the point—and she may not wish to hear the facts about the detailed business and investment case—that it demonstrated a benefit-cost ratio of up to 1.7. That is $1.70 returned for every dollar invested. It will still be subject to assessment by Infrastructure Australia as is required.

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