Senator CORMANN (Western Australia—Minister for Finance) (14:25): I thank Senator Waters for that question. May I also congratulate Senator Waters on her elevation as a Co-Deputy Leader of the Greens. I have to answer the final part of the question first. I can give you an absolute guarantee that the Northern Australia Infrastructure Facility will not be used to fund white elephants. I can absolutely guarantee that the Northern Australia Infrastructure Facility, which is a very important tool for us to strengthen growth and create more jobs across our great north, will not be used to fund white elephants. It will be available to help us leverage private sector investment in the important productivity-enhancing, job-creating infrastructure of tomorrow. It will help us create growth across our north—from North Queensland to the Northern Territory and to the north of Western Australia. I would have thought that, as a senator representing the great state of Queensland, you would be all in favour of more investment in infrastructure in North Queensland. Coal is our second biggest export. The largest export income comes from iron ore—about 21 per cent. When I last looked, our national export income from coal was about 12 or 13 per cent. That is a very important industry for us. It is an industry that I would like to continue to see grow and prosper. I think there is a great opportunity for us to continue to strengthen growth across North Queensland and other parts of Australia. We have not made any decisions about specific— The PRESIDENT: Pause the clock. Senator Waters, a point of order? Senator Waters: Thanks, Mr President. I think the Minister might have, just that second, actually been coming to my question, which I am interested in an answer to—particularly, if that facility will be used to fund Galilee Basin coal projects. The PRESIDENT: I will call the minister. Senator CORMANN: I was answering the question. But, just to be very specific, I am not going to pre-empt what projects will be invested in through that facility, because, of course, we will go through a proper, orderly and methodical process to ensure that the investment is directed into sound and very strong economic infrastructure. But will I rule it out? No, I will not rule it out, because I do not want to rule out anything. (Time expired)