Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

I have indicated that the government is working with the automotive industry and the banking industry to develop practical solutions to the financial crisis that goes to the issue of dealership stocks. We are in the process of ensuring that practical solutions are evaluated. But these are matters that go to the broader financial questions facing the economy at large. What Senator Abetz is trying to do, as I understand it, is undermine the confidence of the industry by suggesting that a company is about to quit Australia. Frankly, I do not believe that to be a responsible attitude to take at a time when we are developing serious responses. Unfortunately, the opposition does not seem to see the need to have a serious policy response. It is a disappointment to the government— (Time expired)