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Wednesday, 18 October 2017
Page: 7815

Senator RUSTON (South AustraliaAssistant Minister for Agriculture and Water Resources) (10:08): The usual government processes are required and will be enforceable on the operation of this instrumentality in the same way as they would be enforceable on any other instrumentality, particularly in relation to the water infrastructure loans. The role of the RIC is to, obviously, assess and provide the expert advice to the responsible ministers on the projects that are being considered. The final decision on the water infrastructure loans is ultimately made by the government and then, on direction from the ministers, the corporation will enter into the administrative approvals process that is required to enter into the agreements for the loans with the states and territories.