Senate debates Questions without Notice

Economy


David Feeney

David Feeney Victoria, Australian Labor Party

2:09 pm

Mr President, I ask a supplementary question. Is the minister aware that pressures on international finances are unprecedented, particularly in the context where we have seen many banks in Europe and the US collapse or be bailed out by their governments, and that the global financial crisis clearly raises the possibility that some financiers, particularly foreign banks, may reduce their level of funding to projects in Australia? Can the minister explain how ABIP will address this problem?

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