Michael Sukkar (Deakin, Liberal Party, Assistant Minister to the Treasurer) Share this | Hansard source

Firstly, I would like to thank those members who have contributed to this debate, including the member for Kennedy. The renewal of Australia's bilateral loan agreement with the IMF is part of a broader global effort to maintain a strong and resilient global financial safety net, which has the IMF at its pillar. With continuing risks to the global economic outlook, the IMF's mandate to support global economic and financial stability is of critical importance. As an open economy that is exposed to global conditions, we have a very strong vested interest in doing all that we can to ensure that the IMF has the resources it needs to fulfil this very crucial role. I therefore commend this bill to the House.

Question agreed to.

Bill read a second time.

Message from the Governor-General recommending appropriation announced.

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