Coulton's Catch-up | Export Finance and Insurance Corporation Amendment

By Mark Coulton
February 18 2019 - 5:30am
Member for Parkes Mark Coulton presenting the Efic Bill 2019 in the House of Representatives chamber last week.
Member for Parkes Mark Coulton presenting the Efic Bill 2019 in the House of Representatives chamber last week.

With the commencement of another Parliamentary sitting fortnight last week, legislative discussions are in full swing. I presented a Bill in the House of Representatives chamber - the Export Finance and Insurance Corporation Amendment (Support for Infrastructure Financing) Bill 2019. These amendments give Australia’s credit export agency, Efic, a new overseas infrastructure financing power, and an extra $1 billion in callable capital. This will support infrastructure projects in the region that benefit Australia.

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