‘Watered-down’ Reconstruction Fund will serve minority groups, not build nation

March 9, 2023

THE National Reconstruction Fund (NRF) has become a farcical "woke" and "leftist" run $15bn bureaucratic junket, more concerned with inclusivism and appeasing minority groups than genuinely delivering nation-building projects. 

Katter's Australian Party MP Bob Katter slammed the hijacking of this visionary proposal which he described as a $15bn taxpayer-funded, “watered down slush fund.” 


Although, Mr Katter had initially supported the NRF as the legislation's language posed promising signs towards sovereign-owned nation-building projects, industries and infrastructure. 


And to ensure remote, rural and regional areas were not omitted from the funding, Mr Katter attempted to lobby the government to agree to his detailed amendments which would modify the legislation so these areas would be considered a priority, and to ensure a member of the fund's board represented the interests of those regions outside the cities. 


These amendments were opposed. 


In a twisted turn of events, amendments moved to appease the "woke-left" by encouraging board participation for historically underrepresented groups, as well as prohibiting the NRF from investing in projects involving coal or natural gas were accepted. 


He said he feared critical projects addressing the soaring cost of living and securing Australia’s economic future would no longer be supported.


“I started as a very enthusiastic supporter of the bill, and I have very great respect for the Minister for Industry and Science,” Mr Katter said. 


“But whether he's been forced to, or whatever the case may be, the bill has been watered down, and watered down, and watered down. And if you put enough acid in a basic solution, it will then become an acidic solution. 


“And that's what has happened here, the bill has shifted from a promotion of industry to serving the interests of minority groups and to serve the interests of the anti-coal brigade. 


“I agree we need to restrain the exponential growth in CO2. I do not agree on abolishing coal. Let me point out that we have only three exports: iron ore, coal and gas. If you take away coal, you bankrupt this country. Start picking out the hospitals that you're going to close—just pick them out—because there's no money.


“I fear that this money will go where it shouldn't be going.”


Mr Katter said it should be noted the Minister for Industry and Science had agreed to minority representation. 


“You and I both know the biggest minority in Australia is the people that don't live in the big cities. What I want is that minority to be represented.


“It seems the Government has no interest genuine prosperity for all Australians and is instead preoccupied with its inclusivism mantra. 


“I remind you, a preoccupation with inclusivism will result in the exclusion of public interest. So the people of Australia and their interests will be sacrificed while you’re pursuing some social objective.” 


Mr Katter said without government investment into money-making projects, diminishing towns in regional Australia would continue to falter despite the potential economic prosperity they presented with their resources. 


“Assign the right people on the board who will deliver the Hughenden Irrigation Project (HIPCo), who will deliver the operation of vanadium mines at Richmond and Julia Creek, nickel cobalt processing at Townsville, eco-carton manufacturing at Innisfail, turn woody weeds into diesel at Hughenden, and will deliver the Revised Bradfield Scheme. 



Although the Opposition conceded and accepted the bill with amendments, and opted to debate the legislation in the senate, Mr Katter said: “I'm sad to say that a bill which I started out with great enthusiasm for, will now serve the interests of minority groups, it's got nothing to do with development, it's been corrupted to a point where it'll fail to achieve its objectives, and I with sad regret say I will be opposing the bill.”


By Dominique Moon August 23, 2026
The Port of Karumba serves as the primary maritime gateway for the Gulf of Carpentaria, providing key access between our southern states and the essential Asian markets and beyond. The port is a stones throw from the North West Minerals Province, vast untapped volumes of fresh water, rich soils and our northern regional agricultural sectors. The future of the port must include serious upgrades to the road network that connect it these vital resources and the rest of Australia. This submission advocates for not only broad consideration of port access and users, but also for key Inland road networks to be placed on the National Land Transport Network (NLTN) to unlock long-term, ongoing Federal funding.
By Dominique Moon August 20, 2026
One of my two closest friends in Parliament, Vince Patrick Lester OAM (1939-2026) was the classical underdog in every sense of the word. Brought up by his struggling mother, the bell boy and a baker’s apprentice with no secondary education was the kid born with nothing. Vince was an extraordinary MP consistently delivering for his electorate – whether it be the Great Inland Highway or a local community centre. Every Australian should be inspired by Vince Lester – Always polite, never arrogant. Always fighting for the little people. May God’s blessings be upon Vince – a good bloke. Bob and Vince Lester pictured with the 8th Bjelke-Petersen Cabinet.
By Dominique Moon August 20, 2026
This is a subtitle for your new post
By Dominique Moon August 20, 2026
The “Isa” is Australia’s economic future. Surrounded by one of the world’s richest minerals province, rich pastoral lands and within a region of north Australia that has access to nearly half of Australia’s surface water - the ‘Isa’ is destined for big things. However, infrastructure is needed to unlock this vast wealth and opportunity. Bob’s submission to Mount Isa Transformation Study highlights these opportunities and outlines some of the key infrastructure requirements.
By Dominique Moon August 18, 2026
Today we honour the Australians who served during the Vietnam War. We remember those who made the ultimate sacrifice, those who returned home carrying the scars of their service, and the families who stood beside them. For many Vietnam veterans, the recognition and respect they deserved was far too long coming. Today, we say thank you for your service, your courage and your sacrifice. Lest We Forget.
By Dominique Moon August 17, 2026
Throughout Australia our Post Offices aren’t just a luxury… for many, they are essential. Often they are the heart, soul and lifeblood of our country towns. A Senate Committee is currently looking at the future of our post offices - we’ve put in a submission highlighting the integral role of our post offices, fighting to ensure they remain open across Australia and continue to provide this vital service. To all the posties out there… thank you for keeping us connected.
By Dominique Moon July 15, 2026
Is government seriously that tone deaf that it would permit the sale of 22,000 hectares of prime agricultural land to foreign investors????? UNFORTUNATELY .. the answer is YES . Our government has allowed the sale of a huge “Rushy Lagoon” property in Tasmania. THIS PROPERTY is roughly one-and-a-half times the size of Washington, D.C. (17,700 ha), and would fit roughly 30,800 international soccer pitches. THIS PROPERTY at capacity runs 85,000 DSE dairy and beef cattle. THIS PROPERTY employs hundreds of locals and supports the entire economy of the towns throughout the region. THIS PROPERTY is key to the sustainability and self-sufficiency of Australia’s domestic beef and milk markets. The INTERNATIONAL PURCHASERS want to turn it all into a “pine farm” - sacking staff and destroying the local economy, but also depriving Australia of the agricultural and wealth generation that comes with such a large agricultural enterprise. Ignoring the pleas from locals, government has rubber stamped the sale. AUSTRALIA WE MUST WAKE UP!!!! WE MUST FIGHT AGAINST FOREIGN LANDLORDS!!!! IT MIGHT NOT BE HAPPENING IN YOUR BACKYARD NOW…. BUT IT WILL BE SOON!!! AUSTRALIA IS NOT… AND SHOULD NEVER BE… FOR SALE!!!!
By Elise Nucifora July 8, 2026
8 July 2026: North Queensland Member for Kennedy Bob Katter has demanded the Federal Agriculture Minister make public the “deeply concerning” findings of Government investigations into imported peanuts for Australian farmers “who every right to know whether their industry has been exposed to a biosecurity threat”. After meeting with the Federal Minister in Canberra last week, Mr Katter has formally requested in writing the Department of Agriculture’s full transparency on the results of investigations, alongside an immediate halt to peanut imports where Australia's biosecurity cannot be guaranteed. "Australia has strict biosecurity rules for a reason. They exist to stop dangerous pests and diseases getting into this country before they destroy Australian agriculture," said Mr Katter. "However, having been advised by the Minister last week of intensive investigations into imported peanuts – including the germination testing of particular significance – my office has now received evidence confirming germination of the samples collected for laboratory testing… which raises very serious questions because if peanuts can germinate, they are raw.” Mr Katter said the results indicating germination in all peanut varieties tested had raised fears imported peanuts are not undergoing necessary processing to eliminate raw biosecurity threats. "The Australian peanut industry is rightly worried about diseases that simply do not exist here – such as the devastating peanut smut in overseas crops which, once established, slashes yields by up to 75 per cent. Once these diseases are in Australian soil, there’s no magic wand to get rid of them." Mr Katter said reports the imported raw peanuts were being offered for sale nationwide reflected the extent of the potential national biosecurity risk “that we've seen again and again and again... We warned governments not to allow imported prawns because white spot disease would get in. We were ignored, and white spot came in. We warned about citrus canker. We warned about black sigatoka. We warned about papaya fruit fly. We warned about Panama disease. “If you believe governments have the best interest of Australian farmers at heart, then you believe in the tooth fairy – while they continue to gamble with Australia's biosecurity and food security to look after their precious ‘free’ trade agreements.”  Mr Katter said where there was genuine uncertainty about whether imported peanuts complied with Australia's biosecurity requirements, “they should not be coming into this country until that uncertainty is resolved. You don't wait until the disease arrives, before you lock the gate." ENDS
By Kahla Kruger July 1, 2026
KAP Federal Member for Kennedy Bob Katter has welcomed the completion of the sale of Phosphate Hill, celebrating it as a major win for North West Queensland workers, industry and the future of Australian fertiliser production. Mr Katter said the announcement represented the culmination of years of relentless campaigning to keep one of Australia's most strategically important industrial assets operating. "This is wonderful news for North West Queensland," Mr Katter said. "For years we've been bashing the doors down, that if Australia wanted to keep industry alive, governments had to step in and secure a future for assets like Phosphate Hill." Mr Katter said the federal government’s Reserve Resource Policy had been instrumental in helping create the conditions for the sale. "Getting a Reserve Resource Policy in place has been one of the major achievements of my political life. We fought tooth and nail because Australia should never be paying world-leading prices for our own gas. "Our competitors in countries like the United States and Russia have access to affordable energy, while Australian manufacturers have been paying more than $16 a unit for gas.” Mr Katter said affordable gas was fundamental to the survival of the North West's industrial base. "Everything at Phosphate Hill depends on gas. It powers the plant and drives the chemical processes that turn our natural resources into the fertiliser. "Only a year or so ago we were staring down the barrel of losing one of Australia's biggest industrial centres, with the closure of copper and phosphate production threatening thousands of livelihoods across the North West. "This is an enormous relief for the workers, contractors, families and communities who never gave up. "I particularly want to thank the people of North West Queensland who stood together and fought for this outcome. They refused to accept that these jobs should disappear, and today their determination has been rewarded." Mr Katter said the focus must now be on ensuring Phosphate Hill has the affordable energy certainty needed to remain strong operation for decades to come.  -ENDS-
By Kahla Kruger June 25, 2026
Parliament is back and so is the fight for Australia's future. This week, Bob and Elise sit down in Canberra to tackle one of the country's most contentious issues: immigration. Was the Bondi tragedy a warning sign? Bob argues it exposed much deeper problems, and that Australia's political class has abandoned its duty to protect the nation. Plus, inside Bob's $300 billion plan to transform Australia from a country that spends money into one that makes it. Listen now!