House debates

Thursday, 18 September 2008

Questions without Notice

Economy

2:08 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

This seems to be the subject of some hilarity on the part of various members on the front bench. We do not regard these developments as faintly unserious; they are of a deeply serious quality. It is important on occasions such as this that, in fact, we have a responsible economic and political commentary from the heads of political parties in this country.

I noticed earlier today some loose commentary on the part of the alternative Prime Minister of Australia concerning the Governor of the Reserve Bank of Australia and remarks which he had made. I say to the Leader of the Liberal Party that, whether he approves or disapproves of the language of a particular speech given by the Reserve Bank governor, the most important thing is that, at times like this, at times of great global financial crisis, no-one—repeat: no-one—including the Leader of the Opposition, cast any doubt over the authority of the public statements by the Reserve Bank governor about the health of this nation’s financial institutions.

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