Clive Palmer (Fairfax, Palmer United Party) Share this | Hansard source

My question is to the Deputy Prime Minister. Why is the Commonwealth the No. 1 petitioner of bankruptcy and liquidations in Australia, closing businesses down and moving people from productive employment to unemployment? Why doesn't the government introduce a chapter 11 provision similar to the US, where 85 per cent of companies in chapter 11 emerge to keep people employed, exports going and government revenue flowing? Will the government lead and introduce such a measure for Australia?

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