Senate debates
Thursday, 10 February 2011
Questions without Notice
Liquid Assets Waiting Test
2:20 pm
Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source
The advice that I have been given is that, as a result of the actions of the government in the 2009-10 budget, the amount of money that was deemed to be the limit for the liquid assets waiting period test was doubled. It was doubled for a specific period of time. Since the economic conditions have improved, the government has not made any decision to extend that period of time. Frankly, that is about all that I can say to you in these circumstances. If there is further information that the minister wishes to provide, I will of course get that information to you.
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