Senate debates

Thursday, 28 August 2025

Bills

Pacific Banking Guarantee Bill 2025; In Committee

1:27 pm

Photo of Malcolm RobertsMalcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source

That sounds like a protection fee. Let's get this straight. Banks have no risk—they have a guarantee if they have any losses—so banks cannot lose, so that sounds like a protection fee. Minister, who drafted your bill for you? The banks?

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