Senate debates

Tuesday, 3 February 2009

Questions without Notice

Trade: Policy

2:35 pm

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

The government’s position in terms of its trade policy has not changed. This is despite the fact that, to quote the Prime Minister:

The world is now caught in the worst economic crisis since the Great Depression. This crisis has been created by an ideology of unrestrained greed, turbocharged by unregulated financial markets and obscene remuneration packages that maximised risk with no regard whatsoever for the impact of their behaviour on ordinary investors, ordinary shareholders, superannuation policyholders, small business and their employees. This has been extreme capitalism writ large.

I can only concur with the Prime Minister’s views on this matter.

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