House debates

Tuesday, 24 March 2015

Questions without Notice

Bank Deposits

3:08 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Assistant Treasurer) Share this | Hansard source

I withdraw. The member for Fraser was trying to defend the efforts of the Leader of the Opposition by saying:

We put these rules in places to stop the value of these accounts being eroded over time by thieves.

This was little comfort to 82-year-old Moira Stanford, whose story was documented in the Daily Telegraph, when she went down to her local bank to take money out of her rainy-day fund to pay a tradesman. When she went to the bank she was told the money was no longer there. Had she withdrawn those funds? No! Had she been targeted by an internet scammer? No! What had happened? In the words of the late Michael Jackson, she had been targeted by a 'smooth criminal'. There was the Leader of the Opposition, moonwalking bank to bank, seeking to raid the savings of—

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