Senate debates

Tuesday, 13 June 2017

Matters of Public Importance

4:57 pm

Photo of Jacqui LambieJacqui Lambie (Tasmania, Independent) Share this | Hansard source

I am surprised that Pauline Hanson's One Nation would propose that the Senate speaks on the need to introduce a debt ceiling, because we already have a debt ceiling via a self-imposed credit limit that serves as a ceiling on how much Australia can borrow. One Nation members might think it best to have two ceilings, but they would be the only ones who do. Australia is facing real issues, and this debt ceiling does nothing to address them.

Even on the issue it attempts to solve—government spending—it does absolutely nothing. A debt ceiling does not commit the government—

Senator Abetz interjecting—

Senator Williams interjecting—

Senator Bushby interjecting—

Senator Smith interjecting—

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