House debates

Wednesday, 12 October 2011

Bills

Banking Amendment (Covered Bonds) Bill 2011; Second Reading

12:04 pm

Photo of Ms Julie BishopMs Julie Bishop (Curtin, Liberal Party, Deputy Leader of the Opposition) Share this | Hansard source

The financial stability of Australia relies crucially on the financial stability of the federal government. The government must lead by example and secure its own finances. The coalition welcomes this bill and is happy to support its passage. However, it is not enough. It is nowhere near enough to meet the massive economic challenges facing Australia today and into the future.

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