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Thursday, 28 August 1997
Page: 7278

Mr CREAN —My question is directed to the Minister for Industry, Science and Tourism. Minister, isn't it true that Labor's bounty capitalisation with DuPont saved taxpayers almost $100 million? Isn't it also true that in opposition the coalition supported the capitalisation? Minister, if you supported the scheme then, why won't you enforce it now?

Mr MOORE —Returning to the scene of the crime again is this person. Yesterday, on the advice of the department, I had a good look at the contract, which you were responsible for. It was a very remarkable contract on two parts: on a must-do basis and on best endeavours. As I said before, the company certainly met all its requirements under law. It did not meet all the requirements on the best endeavours.

Mr Beazley —What did you do about it?

Mr MOORE —The hypocrisy of the Labor Party, the sheer hypocrisy of it all—

Mr Crean —What did you do about it? You just sit on your hands!

Mr MOORE —You are the party that are out there tearing down tariff one day and advocating a tariff the next day. This problem at DuPont is wholly of the Labor Party's making; wholly of your making.