Senate debates

Tuesday, 3 February 2009

Questions without Notice

Automotive Industry

2:23 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Deputy Leader of the Opposition in the Senate) Share this | Hansard source

I thank the minister for that answer and I invite him to do the same in relation to the first question I asked him, which he was unable to answer. Mr President, I have a further supplementary question. Given the minister’s previous answers, is it a fact that despite the government’s rhetoric the special purpose vehicle will not prevent dealership closures and job losses in the car retailing sector? Why won’t the government simply come clean and admit that this situation could have been avoided if it had consulted with and listened to the Reserve Bank before rushing to introduce its foolish unlimited deposit guarantee?

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