House debates

Wednesday, 3 December 2008

Questions without Notice

Interest Rates

3:28 pm

Photo of Chris PearceChris Pearce (Aston, Liberal Party, Shadow Minister for Financial Services, Superannuation and Corporate Law) Share this | Hansard source

My question is to the Prime Minister. Prime Minister, I refer to your description today of the Leader of the Opposition’s statement on 21 January that banks are free to set the prices of their own products as they wish as an example of ‘unbridled capitalist ideology’. Is the Prime Minister concerned that on 8 January the Treasurer said this of a rate rise by the ANZ:

… it is entirely their right as a commercial organisation to take this decision in their commercial interests …

Prime Minister, are you planning to call the Treasurer in for a session of ideological reprogramming?

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