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SenateThursday 28 August 2025

Pacific Banking Guarantee Bill 2025

Senator CHISHOLM (Queensland—Assistant Minister for Regional Development, Assistant Minister for Agriculture, Fisheries and Forestry, Assistant Minister for Resources and Deputy Manager of Government Business in the Senate) (13:11): Any Pacific banking guarantee is expected to complement the World Bank's Pacific Strengthening Correspondent Banking Relationships Project, the CBR project.

The government strongly supports the World Bank's work on this in terms of the work they are doing in the Pacific.

SourceSenate, Thursday 28 August 2025 — official recordTA-250828-senate-02f85e4a48b6:s065