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SenateTuesday 2 September 2025

Pacific Banking Guarantee Bill 2025

Senator AYRES (New South Wales—Minister for Industry and Innovation and Minister for Science) (12:48): The guarantee is not a subsidy, nor is it a bailout. It's in the national interest. Bill agreed to. Bill reported without amendment; report adopted.

SourceSenate, Tuesday 2 September 2025 — official recordTA-250902-senate-ec8a3361774c:s015