Barnaby Joyce (Queensland, National Party) Share this | Hansard source

Has the minister sought advice as to what the effect on domestic interest rates will be from the government being in the marketplace for up to $300 billion—as we are going to have an infrastructure package coming before us in the very near future, which I suggest will have to sit on top of our current borrowings? Did they get advice as to what the effect will be on domestic interest rates—yes or no? The second question is: what is your prescribed repayment time frame for this facility? Do you intend to repay it over eight years, 10 years or five years? In our experience, it took us about nine years to repay the $96 billion. If that is going to go by the same schedule, are we looking at 20 or 30 years to repay the $300 billion?