Senator CORMANN (Western Australia—Minister for Finance) (14:30): Thank you, Mr President. In answer to Senator Williams's question, the carbon tax is putting investment and jobs at risk. Senator Cameron: Why have the Nationals done the Treasurer over? Senator CORMANN: Just to give you a practical example of that, I refer senators to some comments published last week in the Australian Financial Review by Mr John Hannagan, the Chairman of Rusal Australia. Senator Cameron: Is that the one where Hockey said he wouldn't be bullied? Senator CORMANN: Rusal is the world's largest aluminium company. Senator Cameron: Is that the one where Hockey said he wouldn't be bullied? The PRESIDENT: Order, Senator Cameron! Senator CORMANN: This is what Mr Hannagan said: 'Rusal Australia will not invest another cent in capital projects until Labor supports the coalition in axing the carbon tax.' In fact they told the previous government: … its investment in the Queensland Alumina refinery at Gladstone was being put at risk by the government's unilateral carbon tax and energy policy. They also pointed out that no other competitor of theirs in other parts of the world faces the same costs. In fact, Queensland aluminium— (Time expired)