Nick Sherry (Tasmania, Australian Labor Party, Shadow Minister for Banking and Financial Services) Share this | Hansard source

Mr President, I ask a supplementary question. The Treasurer, further, on 10 August said:

... there is no reason why any Australian financial institution will be exposed.

Now two are highly exposed. I ask the minister again: how did the Treasurer get it so wrong? Was it that he was just too busy attempting to destroy the Prime Minister, Mr Howard, or is he like the rest of the government: simply stale, arrogant and out of touch?