Senate debates

Wednesday, 29 March 2023

Questions without Notice

National Reconstruction Fund

2:08 pm

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

I thank Senator Stewart once again for her very salient question. The amendments the government made to the bill addressed a number of other important matters that have informed our design of the National Reconstruction Fund from the outset: attracting private sector investment, not crowding it out; achieving Australia's greenhouse gas emissions reduction target and decarbonisation; creating secure jobs and a skilled and adaptable workforce; enhancing resilience in Australia's supply chains; and, of course, encouraging the commercialisation of Australian innovation and technology. In making these amendments, the government reaffirms that one of the most important outcomes of the National Reconstruction Fund will be the creation of secure, well-paid jobs in key industries that build on our national strengths.

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