Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. Can the Prime Minister confirm that the New South Wales government has complained that his mismanaged unlimited bank deposit guarantee has made it extremely difficult for the state of New South Wales to compete in the public funding markets? Is the Prime Minister planning to establish a national infrastructure bank which would see the Commonwealth government borrow billions of dollars to on-lend to state governments—all carefully structured in a way that would not impact on the level of the Commonwealth’s final budget result? How will the Prime Minister assure the House that his new Labor bank will not go the same way as the catastrophic Labor banks in Victoria and South Australia?

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