House debates Questions without Notice

Economy

Thursday, 13 November 2008 House of Representatives

Lindsay Tanner

Lindsay Tanner Melbourne, Australian Labor Party, Minister for Finance and Deregulation

2:29 pm

I do not really have much to add to the previous answer that I gave to this question. The same position applies. The position is that the government believes that it has full executive power in order to enter into these contracts and that these will have the desired effect with respect to delivering the guarantees that the financial institutions require in order to ensure that they enjoy the confidence of investors who are lending money to them, particularly international investors.

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