Senate debates

Thursday, 5 December 2013


Commonwealth Inscribed Stock Amendment Bill 2013; In Committee

1:42 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Assistant Treasurer) Share this | Hansard source

Well, Senator Conroy, there is $30 billion or $40 billion of debt lying around somewhere with the NBN, which we are fixing.

Senator Conroy interjecting—

The CHAIRMAN: Order on my left!

We commend the Greens for coming to the table with a sensible set of proposals to enhance transparency around government debt over time and working with the government to provide the certainty to the financial markets that the opposition failed to provide as they should have in government. Of course, the other thing that happened is that the screechy nature of the debate that occurred over the last few years led to uncertainty in the financial markets. We are now parking all of that—


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