Joe Hockey (North Sydney, Liberal Party, Manager of Opposition Business in the House) Share this | Hansard source

My question is to the Prime Minister. I refer to the Prime Minister’s statement on 24 January that his new fifty-fifty $4 billion partnership, the Australian Business Investment Partnership, known as ‘Ruddbank’, has the capacity to borrow a further $30 billion for expansion into the commercial property sector. Prime Minister, is it prudent to have these special purpose vehicles borrowing more money in addition to the $200 billion the government has already sought and yet not fully disclosing it as more Commonwealth government debt? Prime Minister, how much debt are you piling on to the next generation of Australians?

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