Senate debates

Thursday, 4 February 2010

Education Services for Overseas Students Amendment (Re-Registration of Providers and Other Measures) Bill 2009

In Committee

12:33 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Shadow Minister for Employment Participation, Apprenticeships and Training) Share this | Hansard source

Thank you for that clarification, Madam Chair. I will not be moving those amendments on their behalf. This will be my final contribution. Yesterday, during the second reading debate, I asked some questions as to the current financial situation of the ESOS Assurance Fund. The last piece of information available to the opposition was to 31 December 2008. In that year the fund lost, from memory, $1.3 million. The last piece of information was that there was about $1.8 million in that fund at the end of 2008. Given the events of last year, could we get some indication from the government as to the current circumstance.

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