Nick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

Well, we do not know, Senator Minchin, because it has not been concluded. You can assert a process is flawed but, as Senator Conroy has pointed out, well and very effectively, I might say—other than putting the cart before the horse—what you are trying to do is to bring a halt to a process that you claim is flawed by refusing to allocate the moneys, in large part. We gave an election commitment, a specific promise, which we went to the election on. We won the election—you lost the election.