Senate debates

Monday, 1 September 2014

Questions without Notice

Medibank Private

2:31 pm

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

I thank Senator Bernardi for that supplementary question. It is a very important question. The important point here, of course, is that Medibank Private in private ownership will continue to perform a very important and very valuable service for people across Australia. Indeed, in private ownership, we believe, they will perform that service much better than they currently can while they are owned by the government. It will also help us to release capital that is currently locked up in Medibank Private so we can reinvest it in productivity-enhancing infrastructure for the future, which will help us grow the Australian economy more strongly.

Senator Wong interjecting—

The Labor Party is not interested in any of this.

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