Rowan Ramsey (Grey, Liberal Party) Share this | Hansard source

My question is to the Treasurer. Having caused a freezing of funds in non-bank financial institutions by its action in guaranteeing bank deposits, what is the government planning to do when on 30 November GE Finance ceases to operate in Australia, leaving Bob Moulton and the partners of Booleroo Agency, a large agricultural dealership in the electorate of Grey, with a $2 million floor plan and no prospects of refinancing? What does the Treasurer and his government suggest that Mr Moulton and his business do; and how many motor and machinery dealers does the government expect to close their doors as a result of the paralysed finance sector?

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