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

Another knee-jerk reaction—the first point, Senator Sherry—was made over a weekend. The rules were changed about three times on Friday, Saturday and Sunday. By Monday the stock market had no idea what the rules were, and for the first time in its history the Australian stock market, which was already red raw, did not open its doors until the afternoon. In the morning, it was shut.

Comments

No comments