House debates

Thursday, 16 May 2013

Bills

Export Finance and Insurance Corporation Amendment (New Mandate and Other Measures) Bill 2013; Second Reading

Photo of Ms Julie BishopMs Julie Bishop (Curtin, Liberal Party, Deputy Leader of the Opposition) Share this | Hansard source

I am explaining why EFIC is now $200 million shorter than it had been. And this budget exposes the budget crisis that has engulfed Labor and has caused them to make this call on EFIC's reserves. This government stands for higher debt and more deficits and more taxes, and if the Treasurer had a shred of integrity, he would have stood aside as he is unable to manage the nation's finances. He said he was going to take his medicine, and if he wants to take his medicine—

Honourable members interjecting

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