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

There are two purposes. One is to move Australia up the value chain and secure this industrial capability and good-quality blue-collar jobs in our regions, and that is very much a Western Australian story. Secondly, the objective here is to protect the future of our iron ore sector, which cannot be left unprotected to be entirely reliant upon its current export markets, because some of our customers are moving to diversify their supply chains, and that puts our iron ore sector—if we are not thoughtful about planning for the future—at some competitive disadvantage. That's the focus of our policy. That's what we're going to do.