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

I thank Senator Whiteaker for her first supplementary question. Senator Hume gets it. She said:

... capital markets right around the globe require certainty. We want to see more investment in Australia in this space, and if we don't have policy certainty we'll miss out on those capital flows.

Our international partners, domestic and foreign industry and investors watch Australia to see whether we can be relied upon. They watched when the coalition was in government. They saw Prime Minister Morrison and former energy minister Angus Taylor go to the Glasgow Conference of the Parties and commit Australia to net zero by 2050. Led by Mr Morrison and led by Mr Taylor, they were in there doing what was the right thing for Australia in our economic interest and committing Australia to a plan for net zero by 2050. Not much detail and a lot of press releases— (Time expired)