Senate debates

Monday, 24 November 2008

Social Security and Other Legislation Amendment (Economic Security Strategy) Bill 2008; Appropriation (Economic Security Strategy) Bill (No. 1) 2008-2009; Appropriation (Economic Security Strategy) Bill (No. 2) 2008-2009

Second Reading

8:51 pm

Photo of Julian McGauranJulian McGauran (Victoria, National Party) Share this | Hansard source

This is all about the bill. Before I get onto that issue yet again, what really benchmarks the incompetence of the first 12 months of this government is the blanket guarantee of bank deposits. I see Senator Sherry sitting there. He has some responsibility in this, but I would say that more than anyone it finds its way back to the Treasurer and the Prime Minister. Before that decision was made, a decision to ban short selling—

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