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Estimates: Foreign Affairs, Defence and Trade Legislation Committee: Foreign Affairs and Trade Portfolio: Australian Trade and Investment Commission

Thursday, 1 March 2018

Efic

Senator RHIANNON: In explaining how Efic works and what it can do, you used the phrase, 'It's when banks don't have the appetite.' You also said something about it not appealing to the banks. You've described it that way, but is another way of describing it when banks judge that it's so risky that their profits might be at risk so that's why they don't do it?

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