Senate debates

Thursday, 13 October 2011

Bills

Banking Amendment (Covered Bonds) Bill 2011; Second Reading

2:50 pm

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

Mr President, I ask a further supplementary question. Given the ACCC reported that Melbourne airport makes almost $104 million a year from parking alone and Sydney airport makes $95 million, is the government conceding that as a result of the privatisation contracts and a weak regulatory environment competitive car park prices at Australian airports will never in fact be achieved?

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