David Johnston (WA, Liberal Party, Shadow Minister for Defence) Share this | Hansard source

asked the Minister representing the Minister for Financial Services and Superannuation, upon notice, on 28 September 2010:

If employee entitlements were to be given a higher priority in respect of any fixed and floating charge security a bank holds, would this not make a bank more proactive in monitoring loans it has and in ensuring a situation is not allowed to deteriorate to a position where only a secured creditor recovers their funds.