Anne Ruston (SA, Liberal Party, Assistant Minister for Agriculture and Water Resources) Share this | Hansard source

Senator Rice, can I say right now that there is no parliamentary oversight of the guidelines for loans under the current arrangements. What we're proposing here is a greater level of transparency and notification in relation to those guidelines. Obviously, the agriculture and finance ministers are required to agree to those guidelines.

I also have a point of clarification on a previous question—I am not sure if it came from you or Senator Brown. Existing loans require a hardship element, and the board will be required to comply with that existing requirement.