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

Thank you, Mr President. As I mentioned earlier, there are a variety of approaches around the world. I particularly want to draw the Senate’s attention to the positive and decisive actions that this Labor government has taken to underpin the economy and underpin jobs. I think what has been telling in this debate is that the Liberal-National Party have only been able to put forward one policy. When it comes to bailouts, they want to bail out the liquor industry. That is the only positive policy they can come up with in these very, very serious economic circumstances. If you look around the world, while there are bailouts of financial institutions in many other countries, the Liberal-National Party is unique in the world in wanting to bail out the liquor industry. Nowhere will you find such a policy advanced anywhere else in the world. (Time expired)