David Johnston (WA, Liberal Party, Shadow Minister for Defence) Share this | Hansard source

Mr President, I ask a further supplementary question. I refer the minister to last week's withdrawal by the leading South Korean manufacturer Poongsan Corporation from the $1 billion to $2 billion domestic munitions manufacturing arrangement tender process, citing 'sovereign risks of doing business in Australia', which it said were too large and could not be ignored. Will the minister now admit that he has been wrong and show some leadership, repairing this damaged relationship with Korean industry and have the government reconsider its ill-considered— (Time expired)