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What advice, if any, did the Minister receive on alternatives to providing a $60 million grant to Fletcher Building to bail out Golden Bay Cement?

Answered Question 33047 (2026)
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Asked by

Steve Abel

List MP · Green Party

Question

  • What advice, if any, did the Minister receive on alternatives to providing a $60 million grant to Fletcher Building to bail out Golden Bay Cement?

Answered by

Hon Nicola Willis

List MP · National Party · Minister for Economic Growth

Answer

I received advice comparing direct funding with ETS-related alternatives. 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.