33046 (2026). Steve Abel to the Minister for Economic Growth

Written Question

Published date: 07 Aug 2026

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	33046 (2026)
Question asked:	21 Jul 2026
Member asking:	Steve Abel
Portfolio:	Minister for Economic Growth
Minister replying:	Hon Nicola Willis
Answer received:	03 Aug 2026
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_33046_2026
Document guid:	2d75628e-def9-4e89-8a1b-a37cfc27653f

33046 (2026). Steve Abel to the Minister for Economic Growth: What analysis, if any, did the Minister receive that demonstrated providing a $60 million grant to Fletcher Building to save the Golden Bay Cement represented better value for money for taxpayers than alternative options, including reform of the Emissions Trading Scheme?

Hon Nicola Willis: I received analysis from officials that advised direct funding was preferred because it was targeted, addressed the immediate resilience risk, and avoided wider changes to ETS settings that could undermine scheme integrity and market confidence. Compared to ETS options considered, direct funding also provided better value for money.