Senate debates

Thursday, 13 August 2015

Questions without Notice

Consumer Leases

3:01 pm

Photo of Doug CameronDoug Cameron (NSW, Australian Labor Party, Shadow Minister for Human Services) Share this | Hansard source

Mr President, I ask a supplementary question. I refer to the Assistant Treasurer who has 'absolutely agreed' that interest rates on consumer leases can be much higher than the already exorbitant rates payday lenders charge. Does the minister agree with the Assistant Treasurer's opinion that effective interest rates charged under consumer leases are beyond exorbitant?

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