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

In particular in relation to fertiliser but also more broadly in relation to fuels, this is a very important set of actions for regional communities. We are not here undercutting the domestic market. What the government is doing is de-risking additional fertiliser shipments for private suppliers that are otherwise, in their judgement and the feedback we've got from industry—very clearly—sometimes too risky to order without firm contracts. It will keep the fertiliser market more flexible and mean that Australian procurers overseas are in the front of the queue instead of the back of the queue because they have that support from Export Finance Australia and from the Australian government. It puts Australian suppliers and Australian farmers in a stronger competitive position. (Time expired)