Senate debates

Wednesday, 18 March 2009

Questions without Notice

Economy

2:41 pm

Photo of Helen CoonanHelen Coonan (NSW, Liberal Party, Shadow Minister for Finance, Competition Policy and Deregulation) Share this | Hansard source

Mr President, I ask a supplementary question. Given that the minister has been unable to name one foreign bank threatening to exit Australian commercial property loans and the total lack of transparency surrounding the need for a big, fat, taxpayer-funded fund to prop up commercial loans, what possible justification can there be for exposing hapless taxpayers to the risk of yet another $28 billion of debt to guarantee the operations of the Australian Business Investment Partnership?

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