House debates Bills
Budget Savings (Omnibus) Bill 2016; Consideration in Detail
Scott Morrison Cook, Liberal Party, Treasurer
11:39 am
Once again I point out to the member, and I refer him to the new explanatory memorandum that I tabled a few minutes ago, that I refer to the fact that there is the difference between debt and equity. This is debt and grants, and that is an on- and off-balance sheet issue. I commend the explanatory memorandum to the member.
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