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What analysis, if any, did the Minister receive that demonstrated providing a $60 million grant to Fletcher Building to save the Golden Bay Cement represented better value for money for taxpayers than alternative options, including reform of the Emissions Trading Scheme?

Answered Question 33046 (2026)
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Asked by

Steve Abel

List MP · Green Party

Question

  • What analysis, if any, did the Minister receive that demonstrated providing a $60 million grant to Fletcher Building to save the Golden Bay Cement represented better value for money for taxpayers than alternative options, including reform of the Emissions Trading Scheme?

Answered by

Hon Nicola Willis

List MP · National Party · Minister for Economic Growth

Answer

I received analysis from officials that advised direct funding was preferred because it was targeted, addressed the immediate resilience risk, and avoided wider changes to ETS settings that could undermine scheme integrity and market confidence. Compared to ETS options considered, direct funding also provided better value for money.