Senate debates

Tuesday, 22 November 2022

Questions without Notice

Infrastructure

2:07 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

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.

Comments

No comments