Phillip Barresi (Deakin, Liberal Party) Share this | Hansard source

In the very short time I have to speak on this motion, I would like to say that history has shown microcredit to be an effective tool for reducing poverty and increasing incomes in the right settings. I would like to take this opportunity to highlight two organisations that have done considerable work in the area of microcredit. The first, World Vision, is located in my electorate and is headed up by the Reverend Tim Costello. The second is Opportunity International, and I have had a number of dealings with it over the years. Both organisations are amongst several hundred that are involved in extending microcredit facilities to people in impoverished nations. Microcredit organisations such as Opportunity International and World Vision provide microcredit—

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