Senate debates

Wednesday, 19 March 2014

Questions without Notice

Export Finance and Insurance Corporation

2:45 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

The government is not at present planning any changes to EFIC other than, of course, to work through the issues as a result of Labor in government, when they were last short of cash—which was a permanent state of affairs—raiding their capital reserves. We are having to deal with some legacy issues there, potentially. But beyond that we are not currently planning any changes. If there is anything further to add to that after I have consulted the minister, I will come back to the chamber and add to my answer.


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