Senate debates

Tuesday, 28 March 2023

Bills

National Reconstruction Fund Corporation Bill 2023; In Committee

5:32 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

I hope so. I hope there are some union representatives on the board, because a key objective of this new fund is to ensure that we get high-paid, well-skilled jobs, but being on the list doesn't mean that the department is going to select them. The department may decide that a union official or, for that matter, a representative of business, with skills in industrial relations, may not be the best person to be on the board. Let's wait to see that process work. I'm very confident that the department will come up with the best possible list of people who can do the job that we want them to do to start rebuilding Australia.

High-paid, secure, important, innovative jobs in this country is what we need. We've had 10 years of inaction under the previous government. We're about to start building things in Australia again. Of course, you're well aware of the submarines that we're going to start building in due course. This government wants to build things in Australia, like we used to do—we used to build terrific Holden cars in Elizabeth, in South Australia, and we used to build terrific Toyota cars in Victoria. We want to start building things in Australia again. Ultimately, the people who are going to be on this board will oversee that process, and I think that, when you see the final list of names, you'll be satisfied that we've selected the best and most qualified people in this country to run this fund.

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