House debates Bills
Treasury Laws Amendment (Mutual Reforms) Bill 2019; Second Reading
Andrew Leigh Fenner, Australian Labor Party, Shadow Assistant Treasurer
12:17 pm
I'll take that interjection, Minister. The fact is that, if there is one party that supports crony capitalism, it's the party on the other side. That is why neither a single serious economist nor a single serious business leader supports the idea of divestiture powers in a single sector. Of course some countries have divestiture powers, and we'll periodically have debates over this, but the notion that you would have divestiture powers in a single sector is utter anathema to serious economics.
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