House debates

Wednesday, 20 February 2008

Questions without Notice

Economy

3:10 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I have a couple of concepts for him. The state general government sector have no net debt but it is true that their trading enterprises do have debt. They are out there investing in the future of the country—putting in place critical economic infrastructure to put downward pressure on inflation and downward pressure on interest rates. If they were not doing that, the country could not operate.

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