Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

I do. What they have done since new management were installed early last year is that new product lines have been developed, a very good and innovative thing. Since new management were installed early last year new markets have been developed at home and abroad, a very good thing, and I welcome that. I also say that they have made a start to ensure that the workplace is as well managed as it could be, and I welcome that. One thing this government is not going to do, though, is simply hand over $25 million in borrowed money to a highly profitable company that made $215 million in after-tax profit last year. We are just not going to do it. I say to the Leader of the Opposition, surely he is not saying that the taxpayers of Australia should have borrowed $25 million to have given it to a company that made $215 million after tax in just six months. That would have been real business welfare and this government does not support that.

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