Senator WONG (South Australia—Minister for Finance and Deregulation) (14:18): Unlike Senator Cormann, I do not decide to adopt Treasury modelling one day and then discard it the next. It is fascinating: he is seeking to pin me down with a tricky question by saying, 'Do you agree with this modelling that I've been saying for two years is wrong and is not worth the paper it's printed on?' I would like to provide you with all the Hansards where you have said that. What I would say is this: we have seen unprecedented growth in investment in resources in this country. We have about half a trillion dollars worth of investment in the resources pipeline. Over 50 per cent of that investment is at the advanced or committed stage. There is no doubt that we will shift from an investment phase to a production phase in terms of the mining boom. The Minerals Council itself says that. But, unlike those opposite, we will deal with the facts and we will not deal with a disgraceful scare campaign. (Time expired)