Craig Emerson (Rankin, Australian Labor Party, Minister for Trade) Share this | Hansard source

The shadow minister for small business accused me of lying over his support for a government owned bank. The Australian newspaper of 22 May 2010 begins:

Two decades after the collapse of state banks in Victoria and South Australia, the Coalition is considering setting up a government-backed bank to lend money to small and medium businesses.

It said:

The Coalition’s small business spokesman, Bruce Billson, told The Weekend Australian the idea …  had merit …

He went on to say in the article:

“There’s a range of possibilities, including governments offering wholesale lending guarantees like the government did for the big banks after the global financial crisis.

I rest my case.

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