Senate Rural and Regional Affairs and Transport Legislation Committee (part 2 of 3)

26 May 2026

Senate Rural and Regional Affairs and Transport Legislation Committee Australian Parliament

00:00 - 00:24
Speaker 82
And so part of the payment is structured so that if that 2,000,000,000 becomes available for procuring assets, then some of the payment would flow into the organization that helps structure that deal.  And that way, we've spent less money upfront in in going through it.  So any number that I quoted for the upfront cost at this point would exclude all of those items. 
00:24 - 00:43
Speaker 53
Okay.  Can I ask when you you talked about the?  An investment corp, I think the word was you used, is it Queensland Investment Corporation, QIC, as as as been reported in the media that that's, you've begun exclusive negotiations with them.  Is that correct? 
00:43 - 00:54
Speaker 2
Look.  We're not gonna talk to something that's supposition in the media.  We have confidentiality agreements with the actual funders of of this proposal whilst we're going through 
00:54 - 00:57
Speaker 374
the actual commercial confidence, mister Sharp.  Is that what you're claiming? 

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