Senate debates

Thursday, 19 March 2009

Questions without Notice

Economy

2:09 pm

Photo of David FeeneyDavid Feeney (Victoria, Australian Labor Party) Share this | Hansard source

Mr President, I ask a supplementary question. Is the minister aware that pressures on international finances are unprecedented, particularly in the context where we have seen many banks in Europe and the US collapse or be bailed out by their governments, and that the global financial crisis clearly raises the possibility that some financiers, particularly foreign banks, may reduce their level of funding to projects in Australia? Can the minister explain how ABIP will address this problem?

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