The Social Security and Other Legislation Amendment (Technical Changes No. 2) Bill 2025 is an embarrassment and another example of this government’s hypocrisy and deceit. Before the 2025 federal election, Labor condemned the Coalition over the RoboDebt scandal, using it as a key issue to win votes. Many Australians believed Labor would fix the injustice. However, this new bill seeks to retroactively validate the same flawed income calculation method that caused the RoboDebt problem in the first place—something Labor previously opposed.
The bill proposes offering small compensation payments—up to $600—to people who were wrongly charged thousands, sometimes tens of thousands of dollars. Once someone accepts this payment, they lose the right to claim anything further. This is a deceptive tactic to avoid paying full compensation and to silence victims. The scheme is only open for 12 months, and is designed to quietly close the door on proper justice for those affected.
The bill lacks transparency and detail, with much of its implementation left to future decisions by the minister, bypassing parliamentary scrutiny. Advocacy groups like Anglicare Australia and the Australian Council of Social Service have raised concerns, saying the bill doesn’t properly address the harm caused. Instead of correcting past wrongs, the government is validating them.
This is not just a failure to act—it’s a deliberate attempt to avoid responsibility and cheat vulnerable Australians out of what they’re rightfully owed.
Transcript
The Social Security and Other Legislation Amendment (Technical Changes No. 2) Bill 2025 is an embarrassment and example of the Labor government’s hypocrisy and deceit. Before and during the last federal election, Labor used the robodebt scandal—and it was a scandal—as an election weapon to electorally gut the previous coalition government. It worked, and Labor won the election based on the incompetence of the coalition and on what Labor highlighted as the coalition’s cruel betrayal of robodebt victims.
So what do we have here? Labor wants to pass this bill to retrospectively validate the unlawful income apportionment method that underpinned the robodebt rip-off. You pretended to oppose it, and now you want to invalidate it—the injustice, deceit and betrayal. To make matters worse, persons ripped off to the extent of thousands of dollars are being offered puny payments to a maximum of $600 when actually owed $15,000 or more. That’s not justice; that’s theft. Labor is inducing people to take $600 now so people go away and to ensure they never become able to reasonably claim what the government legally owes them. You’re conning these people. They’re already in misery, and now you’re conning them.
Applications for the scheme will only be open for 12 months. Accepting a resolution payment will discharge the Commonwealth from any further liability. That ends it. In other words, the compensation scheme is completely inadequate. Worse, it’s deceptive, deliberately dishonest. Many robodebt victims likely voted for Labor to get justice on robodebt. That’s what you promised them. Those same people will now never get close to what they’re owed. The government is blatantly cheating robodebt victims out of thousands of dollars—in some cases, tens of thousands of dollars.
This is not just an uncaring government, and on this issue its approach is not just lazily getting around paying lawful entitlements. No; this government is working hard to rip off innocent, vulnerable taxpayers. These faulty assessments extend back to September 2003—22 years. Instead of paying back exactly what each victim of the unlawful robodebt calculations is owed, the government is trying to introduce retrospective legislation to make what was unlawful then now lawful. And you wonder why we’re upset. This sneaky new bill is making what was illegal legal—the very reverse of your promise before the election. It will try to validate debts which were unlawful when they tried to collect them. I will say that again, in fact. This bill will try to validate debts which were unlawful when they tried to collect them.
With potentially millions of unlawful debts to deal with, the government is using this bill to welch on its debts to innocent Australians who are victims of government dishonesty. There’s been little consultation with this bill, and it shows. There is little detail about how the scheme should work, and in some areas detail is totally missing. Instead, much of the detail is left to the minister’s use of future legislative instruments to bypass parliament, to bypass scrutiny. Now there’s Labor’s catchcry: ‘bypass scrutiny’—two words that tell us all about Labor in government at the moment. It is the complete opposite of transparency—bypass scrutiny.
The government has not justified why it considers it necessary to rely on retrospective validation of the previously found unlawful means of calculation. The intention is clear: the government wishes to validate previous decisions that were made on an unlawful basis. You want to validate what you were supposed to fix. The rip-off that you were going to fix you are now validating, quietly cementing in place the Liberals’ violations that before the election Labor screamed about. Anglicare Australia, the Australian Council of Social Service and even the Commonwealth Ombudsman have indicated their concerns that the bill does not address cases where income apportionment wrongly resulted in debts and, in some instances, criminal prosecutions. This bill is an example of the government trying to cover up and weasel out of responsibility for the damage caused to innocent Australians who have been victims of the incompetence of governments, both the coalition and Labor.
On this issue, the coalition in government was incompetent, negligent and uncaring. People died because of this—suicide. Labor in government, though, is deceitful, deliberately dishonest. Only One Nation has the integrity to restore sound, honest and caring government. Only One Nation cares about the Australian people. Only One Nation puts our country, Australia, first. One Nation will always act to protect the interests of Australians, and we’ll oppose this pathetically woeful bill, this dishonest, deliberately deceitful Labor bill.
Foreign governments are acting against Australians right here on our soil—and that’s why One Nation support the Criminal Code Amendment (State Sponsors of Terrorism) Bill 2025. This bill finally allows foreign states and their agents to be listed as terrorist organisations when they plan, assist, or advocate attacks against Australia. It’s about protecting Australians from intimidation, bullying, and terrorism.
The bill also creates new offences to stop anyone helping these entities, while allowing legitimate engagement where required. Yes, the reversal of the onus of proof is serious, and we’ll keep scrutinising it—but in this case, it’s justified to prevent deadly acts of terrorism. Australians of all backgrounds deserve protection.
One Nation backs this bill because every Australian deserves protection from terrorism and foreign coercion.
Transcript
One Nation has called out foreign governments and their agents who act against Australian citizens and even against our country right here in Australia. These include China, some Islamic nations and some members of the former Soviet Union. The Criminal Code Amendment (State Sponsors of Terrorism) Bill 2025 would amend the Criminal Code to enable listing of certain foreign states or foreign state entities as terrorist organisations. Currently, this is not possible with the law, because foreign states or foreign state entities are not able to be listed as terrorist organisations. Two lawyers, including a barrister, and their staff have scrutinised this bill for One Nation, and our senators have considered and discussed the bill. The bill would authorise the Governor-General to list in a regulation foreign state entities as state sponsors of terrorism. That’s wonderful. The precondition to this occurring is that the minister for the Australian Federal Police, who is the home affairs minister, must believe on reasonable grounds that the foreign state or entity has engaged in, prepared or planned, assisted or fostered the doing of a terrorist act targeted against Australia or, in addition, if the entity has advocated doing a terrorist act that was targeted at Australia. The minister can only act with the agreement of the foreign affairs minister.
Secondly, the bill creates new offences which would criminalise conduct in which these entities engage and criminalise the conduct of persons who would seek to assist or support these activities. Additionally, it provides for appropriate defences for people who the law requires, for example, to engage with a listed entity or engage with an entity for a legitimate purpose. One aspect that has raised some concerns, though, is the reversal of the onus of proof that will apply when some defendants raise certain defences, where the defendant must establish the defence on the balance of probabilities. For example, a defendant may have the onus of establishing that they took all reasonable steps to disassociate themselves from a particular terrorist entity. The reversal of the onus of proof is a major event in legislation and should not be done lightly. Nonetheless, it appears justified here because of the nature of the offending behaviour.
We in One Nation have noticed this increasing trend in Labor-sponsored legislation over the last few years, and that sounds alarm bells to those who are responsible for scrutinising good policy. We’re very concerned about this trend. At times, this is a precursor to control and may reflect today’s Labor’s propensity to control. This reversal of the onus of proof must be carefully scrutinised on each occasion on which it’s raised. On this occasion, the government has justified this approach because of the preventive nature of measures that are being enabled to protect the Australian community from targeted acts of terrorism and the high risks of death or injury associated with such acts of terrorism. This bill’s additional protections are reasonable in the overall circumstances, given that radicalised Islamic extremists perpetrate relatively frequent terror attacks and Chinese Communist Party agents intimidate and bully law-abiding Australian citizens of Chinese dissent here in Australia. One Nation believes that Australian citizens of all backgrounds must be protected. We support this bill.
Australia was once the lucky country—rich in opportunity and security. Today, families are working harder yet going backwards. Young Australians can’t afford homes or start families. Homelessness is rampant. This is managed decline.
Globalist agendas and net zero policies are stripping wealth from citizens while predatory, parasitic billionaires profit.
Farmers are under attack using the guise of “climate change” – reducing their ability to produce the food and fibre that’s needed to sustain and clothe the global population.
We’re seeing foreign-owned insurance rackets, radical content in children’s spaces, a growing war on Christianity, digital ID rollouts and censorship laws. Australia is being pushed toward a future of fear, surveillance, and thought policing.
Mass migration has overwhelmed infrastructure and law enforcement. One Nation will implement net negative migration—deporting visa rorters, overstayers, and offenders, and limiting new arrivals until Australia catches up. Our fight isn’t about race—it’s about patriotism, fairness, and preserving our identity.
One Nation will repeal Digital ID, Net Zero, and DEI measures, protect women’s spaces, enshrine free speech, and defend your right to protect your family. Australian wealth will stay in Australia to create jobs for Australians.
One Nation provides strong leadership and a clear vision. We will restore opportunity, security, and freedom for every Australian.
Australians have had enough. It’s time to put Australians first.
Transcript
For 30 years, Pauline Hanson has warned Australians the life they had growing up was slipping away. We were once a country so rich in resources, in harmony and in security that we were called the lucky country. Our national slogan was ‘She’ll be right’ because it always was. It’s now clear from talking to everyday Australians attending One Nation’s branch launches that Australia is no longer right. Australians are working harder and still going backwards. Social cohesion is unravelling in the face of over immigration, mass migration. Our children do not have the opportunities my generation enjoyed. Buying a home, starting a family and enjoying a life of peace and abundance is not in the future of most young Australians. This is called managed decline. Homelessness in Australia is rampant in a way that just a few years ago would have caused outrage. People now walk past the tent cities and rough sleepers, and, rather than outrage, they give thanks that they have been spared so far.
Farmers are being demonised using net zero junk science, reducing their ability to grow food and fibre to feed and clothe the world. The United Nations World Economic Forum’s net zero is about transferring wealth from everyday citizens into the pockets of predatory parasitic billionaires who are being protected with a growing security state designed to control us not protect us. We now have ruinous electricity bills, racketeering from foreign owned insurance companies, perversion disguised as tolerance and sex instruction manuals written for young children available to read in the children’s section of public libraries. There’s a war on Christianity, often coming from fake Christians in very high office, and there’s an agenda underway to advance Islam over Australia’s national security interests. For everyday Australians these are all shock points causing and awakening. For those who haven’t yet been shocked, your time will soon arrive. Look around—internet age-gating and compulsory digital IDs are rolling out as we speak. Mis- and disinformation censorship laws are current being stage-managed into existence in the Labor-Greens stitch-up, based on the Morrison-Littleproud Liberal-Nationals government’s designs. This bill is designed to usher in a new age of fear—of late night knocks on the door and of family members being snatched up and sent to prison for thought crimes, as the UK and parts of Europe have been doing for years now.
Australia is now suffering mass migration, with many coming here to build Australia and so many arriving to take a slice of what has already been built. Attendees at our branch launches tell me they no longer feel safe in their own homes. Their children are not safe playing outside, and our women are not safe walking after dark. Every day, with every new poll, it’s clear that we the people are waking up to the global agenda that the Labor Party, the Greens, the Teals and the globalist Liberals are promoting—an evil agenda designed to make the world’s predatory billionaires even more rich and powerful.
Let me make my position very clear: immigration grew this country. Greek, Yugoslav, Italian, British, South American and Vietnamese arrivals all rewarded Australia for the opportunity we gave them, through their loyalty, hard work and endeavour. Some of them made their way into state and federal parliament—a wonderful example of the opportunity available to new Australians in their own home.
I hope the changing political landscape in the near future will bring together Australian nationalists of all backgrounds and races to save this beautiful country from the greed of crony capitalists and the tyranny they’re spreading. Recent well-attended protests must have the billionaires and their political and media lap dogs terrified, as they should be. The common sense of the Australian people has thrown off the shackles of political correctness. People are realising the water around them is almost to the boil and action is necessary.
One Nation offers strong leadership to restore opportunity, wealth and abundance for all. We will repeal the digital ID, social media age ban, all net zero measures and all DEI and related measures so our women are safe in women’s spaces and so Australia can once again know what a woman is. One Nation will enshrine freedom of speech, freedom of assembly and your right to defend your family in your own home, with force where necessary—castle law. Australian wealth will be invested in Australia, creating jobs for all who are here to work.
I notice Prime Minister Albanese has just promised to loan almost $2 trillion of Australian superannuation money to America, to make America great again. What about Australia? President Trump is doing great things in America and for peace around the world. Wouldn’t it be great if our Prime Minister visited Australia and did the same thing here? When I hear misguided people talking about White Australia, one way or the other, I wonder if they have given this phrase enough thought. The world’s crony capitalists are all white and almost all male. Their tokenistic campaigns like net zero, transgenderism, DEI and feminism and their war on masculinity all stop at the door of their palaces of power in London, Geneva, Zurich and New York. Let me be clear: One Nation does not confuse skin colour with patriotism. Ours is not a conversation about skin colour. It’s a conversation about loving our country, pulling your weight and following our laws.
In the Senate yesterday, I heard Senator Mehreen Faruqi use the phrase ‘white people’ derogatorily. I must direct a rhetorical question to Senator Faruqi. Senator, you realise your party is white, yes? The left see race where none exists or where it’s irrelevant to the matter being discussed, and that’s the definition of racism. The Greens are racist. How about we all stop talking about white people and instead discuss our real problems, starting with managed decline.
Today, another Greens senator, another white male who is part of Greens party leadership, called every Australian who attended the recent marches for Australia ‘scoundrels’. Every day Australians concerned about where their country is heading are, according to Greens leaders, ‘scoundrels’. Marching under Australian flags? Scoundrels. Protesting peacefully instead of using violence, as the left often do? Scoundrels. If Palestine and Pakistan matter more to you than Australia, if you hate this country so much, might I recommend One Nation’s one-way airport express—we’ll take you to the airport, leave you there and put you on a plane. The Greens preach hate, division and separation to cripple people in victimhood, dependence and hate. That’s how today’s Greens get votes. Thirty years ago, Senator Pauline Hanson saw all of this coming. That’s why our party is called One Nation: to unite, liberate and strengthen all Australians as individuals and as communities and to strengthen us as a nation. We will defend the Australian ideal of one community made of people from many different backgrounds and religions, working together to lift all Australians.
Our vision has nothing to do with skin colour or religion within the limits of social harmony. After all, every human has red blood. One Nation tells the truth and strengthens every Australian with the truth. We believe it’s fine to bring your own culture with you providing it fits in with and around our Australian culture. Do not try and change our culture, our way of life, to make room for yours. If you have come here to leech off our welfare and take for yourselves the wealth our forebears have created over hundreds of years then you can join the Greens at the airport.
We will remigrate hundreds of thousands of people who have deliberately broken their visa requirements, finished studying or rorted the visa system and taken advantage of Australia. This includes deporting people who have deliberately broken their visa conditions, students who have completed their study and never left and the families who came with them. Since when did accepting students turn into accepting half their family permanently? It includes students who came here to study and never did study and visa holders who have committed an indictable offence. We will implement net negative migration and limit new arrivals until infrastructure and law enforcement can catch up with Labor’s flood of new arrivals. Net negative. We will reverse Labor-Liberal mass migration—reverse decades of it since John Howard doubled immigration. We will still allow a small number of workers with skills we need, especially in building trades, but that will be many less than the number of people who leave—net negative migration.
The Prime Minister of Australia supports President Trump putting America first yet continues to put Australia last. I’ve heard the same message over and over at public meetings in recent years. Australia has had a gutful. Shut the gate. Tighten standards. Be careful who we let into the country—only producers. Preserve Australian identity and heritage. Australians wants our country back.
PM Albanese called communist China a “friend.” Let’s be clear: China produces Australia’s yearly carbon dioxide output every 12 days and is building more coal-fired power stations—98 gigawatts last year alone, one-and-a-half times Australia’s entire electricity market. Yet Australians are being forced to sacrifice our living standards, pay skyrocketing power bills, and lose manufacturing jobs on the altar of net zero. I asked Minister Wong what penalties she’s threatened against China for doing the opposite of what her government demands from Australians. The answer? None.
Instead of holding China accountable, this government is destroying our cheap, reliable coal generation to satisfy foreign dictates from the UN, the World Economic Forum, and the Paris Agreement. Minister Wong admitted the market has turned against coal because of policy instability—but that instability was created by the very politicians pushing net zero. They claim this is about “opportunity” and “prosperity,” yet Australians are paying the price while China powers ahead with coal.
Net zero is not about facts or fairness—it’s about control. The government says the world is moving, but the truth is China is moving in the opposite direction, using our coal while we shut ours down.
This hypocrisy is costing Australians jobs, wealth, and affordable energy. One Nation will keep fighting to end this madness and put Australia first.
Transcript
Senator ROBERTS: My question is to the Minister for Foreign Affairs, Senator Wong. Last week, Prime Minister Albanese called communist China a friend. A recent study shows that, in every 12 days, China produces Australia’s yearly carbon dioxide output. Each year, China increases its carbon dioxide output. China has 66 coal-fired power stations for every one of Australia’s and is building more. Australians have been asked to sacrifice our living standards, power bills and manufacturing jobs on the altar of net zero. Minister, what have you threatened to levy on China if they don’t do the same thing your government is asking Australians to do—to stop using our coal? Or are the climate dictates turning your government into hypocrites on the world stage?
Senator WONG (Minister for Foreign Affairs and Leader of the Government in the Senate): Thank you, Senator. I would make a few points. The first point I’d make about our commitments to reduce emissions is that we are making commitments as a country because we recognise the economic imperative of transforming our economy in the context where so much of the global economy is doing the same thing. I appreciate, Senator, that you and I just simply will not agree on this. We see the imperative to transform our economy and take advantage of the opportunity renewable energy brings. We see what is happening across the world, and we want to ensure that Australia has the opportunity to continue to be a prosperous and strong nation in that context.
We simply have a different view on why, as a country, we should not turn our back on climate change. We should not turn our back on renewable energy, and, frankly, we should not turn our back on facts. The facts are that the world is moving. The facts are that coal-fired power is declining in this country. Was it 24 out of 28—24 out of 28 coal-fired power stations announced they were closing under the coalition. That gives us a very clear view about what the transition is.
The PRESIDENT: Senator Roberts, first supplementary?
Senator ROBERTS: If the Prime Minister’s friends in communist China can use Australia’s coal and you won’t tell them off, why can’t Australia use our coal here? Are you too scared of communist China to hold them accountable?
Senator WONG: Senator, 24 out of 28 coal-fired power stations announced they were closing within the decade under the coalition. At that time, eight had already closed, including Hazelwood, because they were too old and at the end of life. The absence of a stable policy framework meant that investors voted with their feet—or, in this case, the money—and didn’t invest.
The PRESIDENT: Minister, please resume your seat. Senator Roberts?
Senator Roberts: I rise on a point of order: relevance. We’re talking about China, not the coalition.
The PRESIDENT: Thank you, Senator Roberts. The minister is being relevant to your question.
Senator WONG: I am making the point that, whatever you may think—and I disagree with a great deal of what you say—about why you support coal, the market is not supporting coal. I mean—
The PRESIDENT: Order! Minister Wong, did you want to continue?
Senator WONG: No.
The PRESIDENT: Order! Come to order. Senator Roberts, a second supplementary?
Senator ROBERTS: Your friends in communist China began and resumed construction of 98 gigawatts of coal power last year alone. Many of these will use Australian coal. That is one-and-a-half times Australia’s entire national electricity market capacity in one year. Why is your government destroying our cheap coal generation in our country to satisfy foreign dictates from the United Nations, the World Economic Forum and Paris Agreement while communist China does the opposite—China, not Malcolm Roberts?
Senator WONG: Again, I disagree with almost everything you have just put to me in that question. What I would respond to specifically is the point about the why. You see, we are not doing this because other people are telling us to do this; we are doing this because we believe it is the right thing for the country, the right thing for future generations but it is also the right thing for our economy. Amidst all of the interviews that were done recently by the coalition in the last 72 hours, Senator Bragg made a very important point when he was talking about net zero and the policy debates of the coalition. He said, ‘The debate is over. What I am saying is, in terms of the economic debate around the world, it is over. Capital markets have made their minds up. There is a wall of money going to renewable energy.’
One Nation backed Senator Kovacic’s call for action on CFMEU corruption, criticising Labor for failing to deliver on its promise to clean up the union. Fifteen months after pledging reform, the government has instead seen its own anti-corruption appointee sacked over bribery allegations.
Meanwhile, violence and criminal influence within the CFMEU remain. Recent media reports reveal bikies and gangsters still hold significant power inside the union. Labor made this possible by abolishing the Australian Building and Construction Commission (ABCC) in 2022—no surprise, given the CFMEU is one of Labor’s biggest campaign donors.
On top of corruption, Australia faces its largest wage theft scandal: over $1 billion allegedly stolen from coal miners in Central Queensland and the Hunter Valley. Thousands of workers have lost entitlements and protections, with some owed more than $200,000.
CFMEU bosses colluded with labour hire firms and mine owners, stripping miners of rights while regulators looked the other way. The union’s influence even extends to boards controlling insurance and leave schemes, creating deep conflicts of interest.
Transcript
Firstly, One Nation wants to thank Senator Kovacic for her matter of public importance. I will quote it:
The Prime Minister promised to tackle CFMEU corruption, yet 15 months later one of the very people hired to stamp it out has been sacked over allegations of bribery and corruption, demonstrating that Labor’s mismanagement is only protecting the problem, not fixing it
One Nation agrees, because we support workers. We are the workers’ party today. Labor has had many conflicts of interest in its dealings with the CFMEU over many, many years. It abolished the Australian Building and Construction Commission oversight in 2022. Labor gave the CFMEU free rein to just go for it. Channel 9’s 60Minutes program on Sunday showed that violence is continuing as usual from union bosses involved in the CFMEU despite the administrator. Here are some quotes. ‘The people who were running it are still running it, not the administrator.’ ‘The CFMEU remains a harbouring ground for criminals and thugs.’ ‘They are untouchable.’ ‘Bikies and gangsters still have a strong reach into the CFMEU and they thrive within the CFMEU.’ Thugs have a stronger position now within the CFMEU than before the administrator was appointed.’
The CFMEU is a major donor to Labor’s election campaigns. Now consider Australia’s largest wage theft case, with casual coalminers in Central Queensland and the Hunter Valley losing their entitlements, losing their pay and being grossly underpaid. I want to thank Stuart Bonds from the Hunter for raising it back in 2019. We’ve been pursuing it ever since. That’s because I have been a coalface miner. There are 5,000 to 10,000 victims of the CFMEU in Central Queensland and the Hunter Valley, individual miners owed as much as $211,000, some more than $40,000 per year. It’s more than $1 billion in wage theft, with workers stripped of protections, workers’ compensation bypassed, coalminers insurance out, safety complaints not followed through and workers stripped of entitlements, long service leave and leave in general.
There is a web of conflicts, with the boards of Coal Mines Insurance, Coal LSL and Coal Services all having 50 per cent members directors of the CFMEU. It gives them access to miners’ contact details. All of this was due to collusion of the CFMEU union bosses at the time, maintained now by the mining and energy union, in collusion with the world’s largest labour hire firms and large foreign mine owners, which the Fair Work Commission endorsed and approved. Now the Fair Work Ombudsman is saying that it will assess whether or not it is wage theft against the new enterprise agreements that were passed as a wage scam, with the CFMEU leading the way. It’s disgraceful!
In a recent Senate hearing, I questioned the government on its decision to include a standing appropriation—an open-ended budget allocation—in its Pacific Banking Guarantee legislation. This approach bypasses the annual appropriation process, removing Senate oversight and public transparency.
The Pacific Banking Guarantee is a scheme whereby the Federal Government guarantees the operation of banks across the Pacific. If these banks encounter financial difficulties, the Federal Government will bail them out. Why this is the business of the Australian Government escapes me. Why banks such as the Commonwealth and ANZ require a Federal Government guarantee, despite earning profits exceeding $15 billion annually, is a question they refused to answer. The Guarantee itself is worth no more than $2 billion—even in the unlikely event of a total loss. This Guarantee has been provided to give the Big Four banks a competitive advantage over other banks and financial institutions. With this Guarantee, they can borrow money at lower rates, thereby increasing their profits and creating an “I owe you one” sense of obligation to the Federal Government. I assume Minister Bowen intends to leverage this influence to “encourage” investment in wind and solar energy, despite the questionable economic viability of such ventures.
This is how government operates: influence-trading using taxpayers’ money.
Standing allocations cannot be questioned, and the only way to halt this flow of money to our major banks is through legislation that overturns the allocation. Given that the Greens have supported big banking in this country throughout the Albanese Government’s term – alongside the Government itself – any effort to restore accountability to the Pacific (big) Banking Guarantee is going to fail.
This reflects the contempt of the Albanese Government. The ALP is proving to be even bigger corporate lapdogs than the Liberals were.
Transcript
Senator ROBERTS: The Standing Committee for the Scrutiny of Bills requested a justification for why this bill includes a standing appropriation rather than being included in the annual appropriation bill, which would give the Senate oversight. Please explain why a standing appropriation is required.
Senator CHISHOLM: Thanks, Senator Roberts, for the question. A special appropriation is more suitable for meeting possible liabilities than annual appropriations. While the likelihood the Commonwealth will need to make a payment is very low, we may be urgently required at any time to meet liabilities arising under a guarantee, which may fall outside the usual budget cycle. This means the annual appropriation process may not be available within the timeframe any liability falls due.
Without a special appropriation, it is possible parliament will be recalled to pass an urgent appropriation or the Commonwealth can risk defaulting on its liabilities. The special appropriation is not proposed to have a direct dollar limit, as this provides the Commonwealth with flexibility to ensure it achieves a significant national interest objective, securing an Australian banking presence in the Pacific over the long term.
The Commonwealth would not provide an unlimited guarantee, however there may be circumstances where the maximum amount guaranteed under the appropriation could change. This includes if the Commonwealth entered into a new agreement with another Australian bank and the legislation limits on the types of guarantees the government can provide to guarantees—only from an ADI banking business in the Pacific region. Specifically, the legislation limits the guarantee to only the ADI’s Pacific operations.
Senator ROBERTS: So it’s an open-ended budget allocation. The guarantees being provided by this government are commercial-in-confidence. This means the Senate will not have oversight on what the government is agreeing to. Is that correct?
Senator CHISHOLM: In terms of reporting obligations, any Pacific banking guarantee, including the ANZ agreement, will contain mechanisms to ensure a bank’s compliance with its obligations. This includes regular reporting on the total amount of guaranteed liabilities and the compliance with bank commitments as well.
Senator ROBERTS: The duration of the ANZ guarantee is 10 years, meaning this government is binding future governments. Can the federal government withdraw from a guarantee at any time in those 10 years? If so, is there any sunset clause or time limit to the guarantees?
Senator CHISHOLM: It’s a commercial agreement that’s been entered into with the Commonwealth. There is no sunsetting clause.
Senator ROBERTS: I am told the World Bank is also working on a plan to assist correspondent banking intermediaries in the Pacific. Why didn’t you join that international effort, and will you use what they come up with as a way of sunsetting this arrangement?
Senator CHISHOLM: Any Pacific banking guarantee is expected to complement the World Bank’s Pacific Strengthening Correspondent Banking Relationships Project, the CBR project. The government strongly supports the World Bank’s work on this in terms of the work they are doing in the Pacific.
Senator ROBERTS: If you have strong confidence in the World Bank, why not let the World Bank do it?
Senator CHISHOLM: Phase 1 of the World Bank project will establish a correspondent banking relationship provider of last resorts, which countries can call upon should they lose their financial correspondent banking relationship in a particular currency. It is intended to be a fallback for when there is no other commercially viable option.
Senator ROBERTS: This bill does not specify what is being guaranteed, so let me ask. Does the guarantee extend to the Australian government guaranteeing loans by Australian banks to the governments of Pacific nations?
Senator AYRES: Senator Roberts, we’ve just had a small changeover. I’m just trying to ensure that I can give you accurate information. The Commonwealth provides a limited guarantee to ANZ, under this legislation, in connection with banking operations in nine markets across the Pacific and Timor-Leste.
Those markets are Cook Islands, Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Timor-Leste, Tonga and Vanuatu. The guarantee only covers certain eligible liabilities, and it is only triggered if certain trigger events occur and result in a loss to ANZ. The Commonwealth has only provided the guarantee for certain eligible liabilities in order to minimise the risks and potential costs of any Pacific banking guarantee to the Commonwealth and to mitigate any potential competition or market distortion risks in Pacific financial markets and the Pacific banking sector.
To preserve the non-distortionary mechanisms in the guarantee, the government will not be disclosing the specific terms of the guarantee, including the types of exposures that are covered. If it assists Senator Roberts, the government was, of course, provided with extensive commercial advice on the guarantee, including around the risks, and commercial risk assessments found the likelihood of a default to be very low.
Senator ROBERTS: I appreciate your statement that you’d like to give me accurate information, but you didn’t answer the question. I take it that you can’t answer the question of whether or not the Australian government is guaranteeing loans by Australian banks to the governments of Pacific nations.
Senator AYRES: I’ll try and answer a little bit more directly, if it assists. The reason that I answer it in the way that I do, Senator Roberts, is that the advice that is provided and the terms of the guarantee are, of course, commercial in confidence, for policy reasons, in particular so that they don’t distort the banking and financial services markets in the Pacific. I’ll get the team behind me to correct me if I answer this incorrectly.
The question about the support that the Australian government provides to Pacific island countries is quite different to this set of arrangements, which is about ensuring that banking services are provided and that there is trade, the free movements of goods, investment and all of the things that go with having banking services provided with the facilitation and support of the Australian government. I hope that assists; I’m not sure that it will. If you’ve got further questions, I’ll endeavour to answer them.
Senator ROBERTS: It doesn’t answer the question, but I’ll come back to it later. Minister, Australian banks like the ANZ raise money to lend in the market, issuing bonds and debt securities. If the intended use of that capital is to issue government-guaranteed loans to Pacific nations, which this bill would allow, does that not give banks like the ANZ a competitive advantage in the capital market? And is any oversight intended of the capital raising of Australian banks to make sure they are honest in their representations to the capital market?
Senator AYRES: Any banking guarantee in the Pacific, including this agreement, will contain mechanisms to ensure a bank’s compliance with its obligations, which include regular reporting on the total amount of guaranteed liabilities, and to ensure compliance with bank commitments. There are measures undertaken in order to deal with that concern, which is at present, I would argue, theoretical.
I hope that the financial markets in this area lift to a point that is consistent with the kind of development, growth, investment and trade that the Australian government is working with our Pacific partners to facilitate. That is in their interest and in our interest for that to occur. The kinds of measures that you’re talking about—I’ll put that backwards—do not have a distortionary effect on capital markets or on financial markets.
There is extensive work that sits behind this that has been directed towards achieving that outcome. ANZ has made a number of commitments to its Pacific operations in the Cook Islands, Fiji, Kiribati, Papua New Guinea, Timor-Leste, Tonga, Samoa, the Solomon Islands and Vanuatu in exchange for this guarantee that includes maintaining face-to-face banking services and enhancing the ANZ Bank’s services, including digital services. That is important for people and businesses and economic growth and investment in each of those states.
It supports ongoing access to correspondent banking services in the Pacific and international money transfers, including the Australian dollar but also the New Zealand dollar and the US dollar. It will also maintain fee-free remittances for ANZ customers. That is important for facilitating more trade and more transactions. It will involve investing an additional $50 million to enhance the ANZ’s digital banking offering in the Pacific, excluding in Papua New Guinea, again, mobilised by some of the issues about making sure that the effect here is to support providing banking services where they are at risk.
The uplift that is engaged there will impact the ANZ’s retail banking operations everywhere, except for Papua New Guinea, where ANZ today currently only offers institutional banking services that play an important role for the mining sector and other parts of the Papua New Guinea economy. Alongside this, there are efforts to continue to support and promote financial inclusion and literacy, and ANZ will continue to support Pacific countries in terms of their infrastructure financing, in line with the bank’s credit risk policies.
That is the nature of the impact of the guarantee, in terms of capital markets. It should not be conflated, of course, with the efforts that the Australian government engages in through EFA and various efforts to support infrastructure development and economic development more broadly in the Pacific. This is about supporting the banking infrastructure—maybe I shouldn’t say ‘infrastructure’, because it’s confusing—the banking retail network and digital services that sit alongside that throughout the Pacific states.
Senator ROBERTS: I noticed that, in starting that answer, you used the words, ‘I hope that the financial markets lift’—I hope—to the trade, yet, in Australia, we had severe breaches of the law by senior banking and financial institution officials and no-one went to jail—no-one! You also said that you’d like to maintain face-to-face banking services in the Pacific islands, yet we can’t get that here in Australia. Minister, is this bill just putting more money in the pockets of the big four banks by lowering their borrowing costs relative to other banks?
Senator AYRES: The short answer to that question, Senator Roberts, is no. It does not achieve that objective in any practical way. It’s not one of the principles that’s engaged here. Australia does have a very well-regulated banking sector, and that is a national asset for Australia. That is important for our capacity to deliver investment and growth and financial transactions and security for borrowers and lenders and projects.
In times of financial stress, our well-regulated banking sector is a fundamental part of Australia’s economic resilience in what is a pretty challenging world that we live in. That is not related to what is being provided for here. There will always be, as you’ve alluded to, bad actors, bad things happening, malfeasance, errors, omissions or whatever in any system. I have no argument with that. That is what the regulatory sector is designed to deal with. This situation is about extending banking services that might not otherwise be extended to a part of the world that needs banking services, and it is in Australia’s interest for those to be provided.
This ensures that, through arrangements supported by this legislation and also by the commercial and non-distortionary measures, it’s provided in a way in which there is no disadvantage to the Australian banking sector—and, when I say ‘banking sector’, what I mean is the kind of services that customers and businesses would need and expect from the Australian banking sector. Quite the contrary to the final suggestion in your question, this is not a matter of the government paying an amount to the ANZ; in fact, it’s quite the reverse.
The ANZ pays an annual fee with respect to the guarantee, and the Department of Finance and the Commonwealth’s commercial advisor have provided advice on the annual fee. That fee amount, for some of the reasons that you’ve alluded to in some of your previous questions and in order to ensure that it doesn’t have a distortionary effect, is commercial in confidence and cannot be disclosed publicly. The guarantee isn’t a subsidy. It’s not a bailout. The government will not be providing any direct funding to Australian banks for their Pacific operations.
Senator ROBERTS: That sounds like a protection fee. Let’s get this straight. Banks have no risk—they have a guarantee if they have any losses—so banks cannot lose, so that sounds like a protection fee. Minister, who drafted your bill for you? The banks?
Senator AYRES: Certainly not. That is certainly not the case. This bill is drafted, this arrangement has been struck, in order to support regional communities in Australia and Pacific nations to access banking services. That is in Australia’s national interest. That is fundamentally what is engaged here. For Pacific nations, remaining connected to global finance is one of their highest priorities because it supports their own economic development and their economic resilience. Investment in capability; investment in new businesses; microfinance for small businesses; and making sure that project finance can be accessed for the kinds of mining, development, manufacturing and other projects that deliver good jobs, stable investment, national economic growth, regional interdependence and economic resilience in the region—all of that is in Australia’s national interest.
Those are the questions that are being engaged here. In terms of regional Australia, this government has secured commitments from the banks that previous governments have failed to secure—a moratorium on regional bank closures from the four major banks, as well as an agreement to increase their commitment to, and their investment in, Bank@Post. I grew up in a little country town. I know how important those services are. And I know you would not be so mischievous as to suggest that there is a relationship between the services provided to regional Australians through their banks and the government’s determination to protect that—
CHAIR: Minister, I hate to interrupt you, but it’s 1.30.
A good idea has many parents—just look at the push to suspend costly National Construction Code changes. One Nation proposed it first, saving $50K per home. Now the Liberals and Labor are claiming credit.
Yet the real crisis is homelessness, driven by mass immigration policies started by the Liberals and turbocharged by Labor—over 500,000 arrivals a year while Aussies sleep in cars.
Only One Nation has a comprehensive housing policy. We would cut demand by stopping illegal immigration and visa abuse, ban foreign home ownership, slash construction costs by ending net zero and overregulation. On the finance side, One Nation would roll HECS debt into home loans and allow super to fund deposits.
It’s time to put Australians first.
Transcript
A good idea or a popular idea has many parents. A bad idea or an unpopular idea is an orphan. Well, look at this! One Nation came up with the idea of holding the National Construction Code changes—stopping them, suspending them—to save $50,000 per house in construction costs. That was One Nation, before the election! Now we see Senator Bragg taking ownership of it for the Liberal Party. Then we see the Labor Party coming up with the idea at the roundtable. Where did it come from? One Nation. We have a homelessness crisis in this country. Every major provincial city in Queensland has homeless people sleeping in cars. Working mums and dads are sleeping in their cars. They come home to see if their kids are still there. Why? Because the Liberal Party started mass catastrophic immigration under John Howard, and the Labor Party has turbocharged it now with over 500,000 new immigrants per year.
That’s what’s driving the homelessness crisis. And only One Nation has a comprehensive policy for housing—working on the demand side, working on the supply side, working on the cost side and working on the finance side to reduce demand. To stop immigration, we would deport immediately 75,000 people who were here illegally and deport students who were not in compliance with their visas. On the supply side, we would stop foreign ownership of houses in this country—just stop them! We’d give them two or three years to sell and get out. Free them up. Many of those homes are locked. On the cost side, we would reduce regulations, stop the National Construction Code changes, and end net zero to reduce the price of energy. On the finance side, we would roll HECS debts into home loans and allow access to super accounts to get a deposit. Why can’t your super account invest in your own home when it can invest in other people’s homes? This is bloody ridiculous!
https://img.youtube.com/vi/ZfR0Bo7i2yE/sddefault.jpg480640Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2025-11-13 14:59:562025-11-13 15:00:05Your First Home Shouldn’t Be a Dream
The Labor Government is running scared of scrutiny. Their atrocious bill to establish an Australian Centre for Disease Control (CDC) is significant legislation—and I’ll go so far as to say it’s the worst I’ve seen in my nine years in the Senate. It’s dangerous.
There were countless amendments that required answers, and many speakers were denied the opportunity to contribute. Serious questions remain unresolved.
The Albanese Government manipulated the speaking list to push One Nation Senators to the bottom. Just before it was my turn to speak, Labor guillotined the bill, preventing any further speeches from being delivered. I managed to use the debate on the guillotine to deliver part of my speech, which is the video you see here.
This marks a new low for the unscrupulous and arrogant Labor Government. The Greens should be ashamed for supporting the guillotine on such an important bill.
The CDC will provide the government of the day with cover to do whatever it wants. It’s expensive, it will control dangerous research, and the reporting and scrutiny provided in this bill are virtually non-existent. This is unacceptable.
One Nation will repeal this bill.
Transcript
Yet again, a guillotine stops debate immediately before I was scheduled to speak against this bill, and after pushing all three One Nation senators, who were going to speak, to the bottom of the list. One Nation opposed the guillotine. We want to know why the coalition and the Greens join with Labor in supporting big pharma.
Senator Canavan interjecting—
Senator ROBERTS: Except Senator Canavan. Thank you, Senator Canavan. This is significant legislation, and I’ll go so far as to say that it’s the worst legislation I’ve seen in nine years in the Senate. It’s dangerous. There are many, many amendments that need answers, and there are many speakers that missed out. There are many questions.
The first question I have for you is: why are you avoiding scrutiny? This is half a bill! The bill establishes what the CDC director can do. It does not, though, establish what the director cannot do. There’s nothing in this legislation to establish rules around the following, so can you please clarify. What is the process for determining where the CDC will be located and what the site features should be—what protections for the community? What research will be conducted at the CDC, if any? Will that research include gain-of-function research, which was the cause of the COVID outbreak in 2019, which killed millions of people? Who will own the taxpayer funded CDC research? There are no answers to these questions. These are fundamental. What research will be conducted in cooperation with research facilities overseas, and what countries should be excluded on national security grounds? Start with the Wuhan Institute of Virology, and exclude Anthony Fauci’s haunts, the University of North Carolina at Chapel Hill and America’s National Institutes of Health, and Fauci’s colleagues including Ralph Baric and Peter Daszak.
Will live animal testing be conducted, and, if so, on what animals and how? Will research be conducted on behalf of commercial corporations, and, if so, who owns the taxpayer funded research. What annual reporting will be produced to alert the parliament and the Australian people about the risks to which they’re being exposed? If the CDC facility handles sensitive material, what level of containment will be used, and what will be the process for investigating and rectifying breaches? And what is the purpose of and limit to research? Is it just ego—’Look at what we can do!’—or is there a genuine medical outcome they’re working towards?
We know the CSIRO at its Geelong facility is already conducting risky experiments on deadly viruses such as Ebola, and they’re experimenting on animals. Those are my questions. Additionally, what’s happening with taxpayer funds? We know the CSIRO monetises its research, or used to, and we know lately the CSIRO has been publishing the results of their research allowing corporations to piggyback off that research free of charge, saving them years in developing new drugs from which the Australian taxpayers will have no commercial benefit. The taxpayers pay and get no benefit. This is the state of medical research in Australia. What impact will the CDC have on the CSIRO? We don’t know. The bill doesn’t set out these matters. It’s a glaring omission.
The minister says the Australian CDC will undertake technical and advisory functions based on its public health expertise and knowledge and access to relevant information. What expertise? It hasn’t started yet. You’re assuming bureaucrats and health officials actually have the expertise and knowledge to perform these studies, yet there’s nothing in this bill to say they must have that knowledge—nothing. This is a pretence to give ‘thank you’ jobs to COVID era health officials who have a track record of very dangerous, dishonest and inhuman decisions. These bureaucrats will be given powers. The Chief Medical Officer, for example, must be a doctor, but the director of the CDC does not. What could possibly go wrong?
Continuing cover ups from the government and freedom of information—an issue which One Nation senator for Western Australia Senator Whitten has raised is the changes the bill makes to the Freedom of Information Act. The bill amends the Freedom of Information Act 1982 to exempt the CDC from freedom of information applications to which the same documents are currently open. I wonder if this is to cover up information from the COVID years or just to get ahead of the next lab leak.
Finally, I’ve already discussed sensitive biological agents with regard to Ebola. The CDC bill transfers responsibility for the Security Sensitive Biological Agents Regulatory Scheme from the department to the Australian CDC. This scheme regulates certain biological agents that are considered dangerous. Now, let’s take a closer look at this one. Who would decide if a biological agent is sensitive and subject to extra checks? The CDC. Who would be most likely to be importing sensitive biological agents like Ebola and heaven knows what else? The CDC. Who would now be their own regulator? You guessed it, the CDC. This is a recipe for no accountability, a recipe for disaster, a recipe for rampant, unbridled control over the people.
Officially, this bill simply brings together powers spread across several departments into one place. If that’s really the case, why does the bill have a price tag of $250 million for the first three years and $73 million per year after that? Shouldn’t the cost of the CDC be offset through savings in other departments? If that’s all they intend, then that would be true. Clearly the Australian CDC will be doing much, much more. You’re given them the money to do it, and they’ll be doing it away from prying eyes and protected with freedom-of-information blocks and negligible reporting criteria, regulating itself and sending the bill to the taxpayers. In nine years in the Senate, this is one of the worst bills I’ve dealt with. Minister, I’ve given you many questions. I’d like some answers.
Albanese wants you to pay $1 billion to host a party for climate billionaires to fly in on private jets and lecture us on “reducing our carbon footprint”.
The “Conference of Parties” has previously told the world to stop eating red meat, stop driving affordable petrol and diesel cars, and generally commit economic suicide on the altar of net-zero.
One Nation says ditch this nonsense and restore in cheap power, paddock grown meat on the BBQ and an affordable four wheel drive in the garage.
Transcript
One billion dollars—that’s how much the Albanese Labor government expects hosting a United Nations climate talk fest in Australia will cost taxpayers. The United Nations’ Conference of the Parties involves millionaires, billionaires and politicians bouncing around the world in fuel-guzzling private jets. Now the government wants Australians to pick up the tab for this party. What would all these people be talking about if they came to Australia? At last year’s Conference of the Parties, known as COP, the first order of business for attendees was fuel up the gulf stream, with 644 luxurious fuel-guzzling private jets descending on Dubai for last year’s Conference of the Parties. For drivers though, COP organisers this year will cut a brand new highway through tens of thousands of acres of untouched Amazon forest in Brazil. The second order of business is to tell everyone else in the world to reduce their carbon footprint.
The next order of business for attendees is to tell Australians to stop eating their abundant supply of organically raised chemical-free meat. Only we lowly peasants would be banned from eating healthy protein and forced to eat bugs or lab grown horrors, of course. The climate activist billionaires will still be able to afford a good steak. The final order of business for the climate lecturers is to tell those Australian freaks who take their four-wheel drives and camping gear out into the bush to appreciate nature that those cars are banned. Australians are being faced with a choice—pay a billion dollars to be lectured by out-of-touch climate billionaire parasites or reject all this nonsense and save trillions of dollars. One Nation stands for Australia with Australians. We believe in cheap power, paddock grown meat on the barbecue and an affordable four-wheel drive in the garage. We believe in putting Australia first. We will continue to put Australia first.
The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 is yet another example of the wasteful, agenda driven legislation that a One Nation government would abolish. For three decades, Australians have been held hostage by the costly green climate scam – climate fraud. This Bill continues that trend—now with a hint of desperation.
One Nation stands with everyday Australians. In contrast, the Liberal-Labor-Greens alliance has long served the interests of globalist elites, foreign corporations, unelected non-government organisations, the UN and the World Economic Forum.
Minister Chris Bowen — otherwise known as the “Minister for Blackouts” — is acting like a addicted, compulsive gambler chasing losses, dragging the nation deeper into debt. If the government truly believes in the merit of this bill, it should table the rules and show Australians exactly where the money is going.
The net zero transition is not helping the environment — it’s harming it. It’s driving up costs, strangling businesses and pushing families into poverty.
It’s time to face reality: net zero is a scam. Only One Nation has the courage to call it out, and a real plan to put Australians first—by restoring affordable energy, rejecting imported UN and WEF ideologies, and putting more money back in your pocket where it belongs.
Transcript
The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 is a perfect example of the garbage legislation a One Nation government would abolish. For 30 years, Australia has been held hostage to the green climate scam/climate fraud. With this legislation, the boondoggles continue—this time with a hint of desperation.
The bill has three schedules. The first introduces a hydrogen production tax credit of $2 a kilogram of hydrogen. This is supposedly to encourage the production of hydrogen for use in processes that contribute to the meeting of net zero targets. There it is again, raising its ugly head: net zero targets. There is a reason that green hydrogen is going up in flames faster than the Hindenburg. If hydrogen were commercially viable there would be a queue of companies producing and using hydrogen, but there aren’t. There would be a queue of bankers lending for new hydrogen production. That isn’t happening either. In fact, the reverse is true: companies and banks are pulling out. One Nation has a different strategy to encourage production. It’s called the profit motive.
Eighteen months ago Canadian gas giant ATCO scrapped plans for one of the first commercial-scale green hydrogen projects in Australia, despite strong funding support from the government. Why? Because the numbers did not add up. In a sign of the times, Shell withdrew from a project to convert the Port Kembla steelworks into a hydrogen powered green steel project in 2022. Only last week BlueScope announced a $1.15 billion upgrade to the same Port Kembla plant to produce steel for another 20 years using coal. The Hydrogen Park project in Gladstone, in my home state, was suspended after the Queensland government and the private partner withdrew. Despite the hype, this project would have only produced enough hydrogen to power 19 cars, while employing a handful of people. On the other hand, the Port of Gladstone’s container-handling development, a real project, which One Nation has championed for years and which will be starting construction shortly, will bring thousands of jobs to Gladstone, with $8 billion of private sector investment—real breadwinner jobs, real future productive capacity.
Now, there have been some promising developments in hydrogen powered cars, mostly from Japanese makers. With zero tailpipe emissions, a longer range and faster refuelling, they contrast with the high cost and impracticality of EVs, electric vehicles, to achieve the same outcome. But the Japanese are trialling these on the basis that they may be legislated. The Japanese are covering their options. It should be noted that this research is being conducted in the private sector, acting out of a profit motive. Nothing our government has done will develop this technology. Consider Honda, for example. It is a disciplined, respected car maker—one of the leaders in the world—with an amazing culture. It is a leader in hydrogen. It’s marking time. It has hydrogen powered vehicles on the road, but it’s using its shareholder money to support them, prudently, just in case they’re legislated.
There’s nothing in the hydrogen schedule of this bill that will provide Australian taxpayers with value for money—nothing—and it’s a bloody lot of money: $6.7 billion over 10 years. I can just see Chris Bowen and Mr Anthony Albanese tossing out another few billion, $6.7 billion, to add to their trillions that will be invested eventually in this net zero madness. One Nation opposes schedule 1 of the bill, and if the bill is passed it will be repealed when One Nation repeals all of the green climate-scam legislation.
Let’s move to schedule 2. Schedule 2 of the bill creates production tax incentives for transforming critical materials into a purer or more refined form. The materials in question are those that are used in wind, solar and batteries to firm unreliable, unaffordable, weather-dependent power—more money being thrown down the sewer. This section of the bill is directed at an industry that already receives government support through other schemes, including the Critical Minerals Facility, which offers loans, bonds, equity guarantees and insurance; the National Reconstruction Fund, which offers concessional loans, equity and guarantees; the Northern Australia Infrastructure Facility, which offers concessional loans, equity and letters of guarantee; and the Critical Minerals Research and Development Hub, which offers in-kind support via free research and development—not free to the taxpayers funding it but free to the company—which is separate to the normal research and development tax incentives from the Australian Taxation Office. We’re tossing money at these people, and it’s wasted. How much assistance does one industry need? How much, government? After all this assistance, who gets to keep the profits generated from all this taxpayer largesse? The processors do. The critical minerals proposal in schedule 2 will cost $7 billion over 11 years—another $7 billion. ‘What’s a billion here or there?’ says the government.
The Albanese government is socialising the costs and privatising the profits. We pay for their development and the costs, and the companies take the profits. Worse, there’s no requirement that the recipients are Australian owned. What are you doing with people’s money? What would actually help critical minerals in Australia is One Nation’s proposal for a northern railway crossing from Port Hedland in the west to Moranbah in Queensland to open up the whole Top End and provide stranded assets like critical minerals with access to manufacturing and export hubs.
Let’s move on to the third schedule, the final schedule. It’s even worse. The bill changes the rules in the Aboriginal and Torres Strait Islander Act to allow Aboriginal communities wider borrowing powers. The new rules are not specified. Those will come later from the minister. Not only is this a failure of transparency, it creates a second round of debate when the rules are released. It creates more uncertainty. Rules written under proposed legislation should be included with the legislation so the Senate knows exactly what it is voting on and how the powers will be used. But we don’t, and yet you’re going to vote on this. Without those rules, One Nation cannot support this schedule either.
In One Nation, we support the people. The Liberal-Labor-Greens, though, have decades of serving masters outside the party—globalist, elitist, parasitic billionaires, foreign corporations, non-government organisations, the United Nations and the World Economic Forum alliance. The Senate is open to conclude, given the location of this provision within a bill about injecting money into the net zero scam, that net zero is the destination for this extra borrowing—financing Aboriginal corporations to create their own government subsidised businesses and doing things private enterprise won’t touch.
Minister for Climate Change and Energy, otherwise known as ‘Minister for Blackouts’, Chris Bowen, member of parliament, is behaving like an addicted, compulsive gambler who has done all of his own money and is now dragging his friends into his black hole. If this bill is passed, the Aboriginal community will be shackled with debt for pointless financial boondoggles that have no chance of commercial success—none. If this is not the intention, then the minister must table the rules. Let’s see what the government does intend.
The net zero transition is destroying Australia and doing nothing for the natural environment. It is hurting the natural environment. The public are turning against the whole scam now that they realise the cost benefit is not there. It’s costing them money and needless suffering. Business is turning against net zero because its carrying the full cost of soaring power prices and extra green tape. It’s now coming out in the papers—the mouthpiece media. Minister, give it up, turn on the coal- and gas-fired power stations and save Australia from more suffering.
I’m now going to raise some additional points, related points, explaining what underpins the hydrogen scam and climate fraud. The Senate seems to be populated, mostly, with feeble-minded, gutless senators. Never has any empirical scientific data been presented as evidence, within logical scientific points, proving that carbon dioxide from human activity does what the United Nations and World Economic Forum and elitist, fraudulent billionaires claim—never, anywhere on earth. Or do such uninformed, gullible proponents in parliament have conflicts of interest? For example, the teals and possibly the Greens, it seems, receive funds from Climate 200, which spreads money from billionaire Simon Holmes a Court, who rakes in subsidies for solar and wind. Are the teals, including Senator Pocock, and the Greens gullible, or are they knowingly conflicted and pushing this scam? Only One Nation opposes the climate fraud and the net zero scam. One Nation will pull Australia out of the United Nations World Economic Forum’s net zero target. One Nation has a plan to put more money into Australian pockets, giving you choice on how you spend your money rather than letting these people here waste it for you with the needlessly high cost of living.
Why do electricity bills keep skyrocketing when we switch to LED lights and star appliances, and when we get power from huge solar and wind generators? The people have been conned by the energy relief fund, which has suppressed what they see in their electricity bills. When that fund comes off soon, you’re going to be in for a nightmare, a shock. Only One Nation has the policies to put more money into people’s pockets now. For some insight from overseas, President Trump says it so well in his 20 January executive order:
The United States must grow its economy and maintain jobs for its citizens while playing a leadership role in global efforts to protect the environment. Over decades, with the help of sensible policies that do not encumber private-sector activity, the United States has simultaneously grown its economy, raised worker wages, increased energy production, reduced air and water pollution …
That’s exactly what we’ve been saying for years, for decades in fact, in One Nation. And that’s exactly the opposite of what the Greens, the teals, the Labor Party, the Liberal Party and the Nationals are pushing with net zero.
I have one final point. I remember Scott Morrison as prime minister at the time, a few years ago, introducing some green hydrogen scheme incentive, with more subsidies from taxpayers to foreign, predatory billionaires. He said at the time that a price of $2 per kilogram for hydrogen would be fine. We worked out that the price of electricity at that price for hydrogen is $200 per megawatt hour, which is exorbitant. It’s almost 10 times what the fuel costs are for coal. What he didn’t tell you at the time, and what Labor has blindly followed, was that the actual price of hydrogen was $6 per kilo. Pipedreams are now becoming nightmares for people across Australia.
Only One Nation opposes the climate fraud and the net zero scam. Only One Nation will pull Australia out of the United Nations World Economic Forum’s net zero target. We are importing ideology from the United Nations and the World Economic Forum, and we are importing poverty and deprivation. One Nation, though, has a plan to put more money into Australians’ pockets, to give you choice on how you spend your money.
