Nick Xenophon (SA, Independent) Share this | Hansard source

Mr President, I ask a supplementary question. Does the government acknowledge the role that Aussie Home Loans had in the 1990s and has had since then in terms of providing competition in the banking sector? Can the government confirm that the whole issue is that Aussie Home Loans was told it was a subsidiary of the Commonwealth Bank and that the government has shifted the goalposts in terms of their criterion? The criterion was always one of subsidiary, not one of having any partial ownership.