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Monday, 7 November 2011
Page: 8281

Senator WONG (South AustraliaMinister for Finance and Deregulation) (11:24): The advice I have is that govern­ment loans may be available where generators need to finance their debt but finance is not available from the market. The Energy Security Council will advise the government of the provision of loans in these circumstances. Both forms of loans will be priced on terms that encourage generators to provide private finance where possible and there will be an assessment of the potential recipient's capacity to repay the loan.