House debates

Thursday, 25 September 2008

Questions without Notice

Economy

3:05 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I think the problem lies with the member, Mr Speaker. In June, we took steps to support liquidity in the bond market, but we also broadened the investment powers of the AOFM. We did this to provide increased flexibility to respond to difficult global circumstances. These powers are there if they need to be used, and they will be used if it is necessary.

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