Senate debates

Thursday, 19 March 2009

Questions without Notice

Economy

2:28 pm

Photo of Sue BoyceSue Boyce (Queensland, Liberal Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Conroy, and refers to the insolvency statistics released this week by the Australian Securities and Investments Commission. The number of companies going broke in the three months to January 2009 increased by 698, or 30 per cent, when compared to the same quarter last year. Aren’t these figures further evidence that the December cash splash has comprehensively failed to help Australian businesses?

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