Senate debates Questions without Notice

Defence Procurement


Mathias Cormann

Mathias Cormann WA, Liberal Party, Minister for Finance

2:24 pm

I thank Senator Xenophon for that question. The financial valuation of ASC is commercially sensitive and, as such, not something that I can publicly disclose, which is precisely the answer that former finance minister Senator Wong gave me when I asked her a similar question about the financial valuation of Medibank Private, from opposition. For further information, though, in relation to the financial performance of ASC, I am pleased to table the ASC's 2015 annual report for the information of Senator Xenophon.

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