Senate Rural and Regional Affairs and Transport Legislation Committee (part 2 of 2)
28 May 2026
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Senate Rural and Regional Affairs and Transport Legislation Committee Australian Parliament
00:00 - 00:31
Speaker 9
There won't be enough money to invest in environmental, sustainability. So I think this is a complex area, and we do need we do need both production and environmental outcomes to be able to come together. But I I think we are actually in a good position in terms of, the innovations we have in the pipeline. If we had more... Could we move faster with more investment?
The answer is yes. The the red meat method development is going to be really important, in this journey.
00:32 - 01:25
Speaker 12
I talk a lot about Argentina and how they smashed investment in gas, and now they're trying to claw back their world investment ratings. It is exactly the same with the beef industry. When beef became too expensive in Argentina, they stopped export. They absolutely destroyed investment. And instead of being a world powerhouse in that place, they're not.
Australia runs the very same risk of driving up the cost of meat, because of crazy programs like this, and then consumers complain, politicians respond. I've had politicians complain to me about the price of beef. Politicians make some knee jerk reaction about deciding not to export beef and keep it all for Australians. Sounds a bit like the gas tax campaign. And then what happens?
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