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Wednesday, 18 October 2017
Page: 7816

Senator RUSTON (South AustraliaAssistant Minister for Agriculture and Water Resources) (10:09): Yes, in the sense that, ultimately, the final decision rests there, but there is a process that is defined that has to occur prior to that decision being made. Obviously that requires, first of all, that the project has come forward with the authority, consent and request of the state or territory in which the piece of infrastructure is to be constructed. The corporation then has to go through a rigorous process of assessment and make that recommendation. That process is obviously transparent, in the sense that we know what the process is. Then, after recommendation, the ministers have the final decision in relation to those loans. It's also worth noting, Senator Brown, that that is the current process. There will be a greater level of transparency and an arms-length operation in assessment of these loans under the new facility than there currently is.