Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

'Thank God there's a time limit,' Senator Watt says. The Whyalla intervention demonstrated that effective action coordinated between federal and state governments and focused on the national interest delivers a long-term pathway for industry. Firms in this sector should learn the right lessons from that intervention. They should expect me and the government to act, consistent with our broader Future Made in Australia national interest framework, to protect domestic capabilities that are in the national interest. That is not a blank cheque. I will be respectful of firms that operate these facilities, but I expect firms to deliver investment, sound business practices and good governance.