Glenn Sterle (WA, Australian Labor Party) Share this | Hansard source

My question is for the Minister representing the Minister for Resources, Senator Watt. I refer to the announcement by the Prime Minister during his recent visit to the United States that the Albanese government will deliver a $2 billion expansion in critical minerals financing, which will solidify Australia's position as a world-leading provider, help the transition to net zero, boost the economy and support more jobs and opportunities for Australians. Noting this expansion of the critical minerals facility takes the government's value-adding investments in Australian resources to $6 billion, can the minister please explain to the Senate how investing in critical minerals financing will bolster the sector in Australia, resulting in technology, skills, jobs and economic benefits for Australians?