House debates

Thursday, 18 September 2008

Questions without Notice

Economy

2:17 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Prime Minister. He referred to some comments of mine earlier today and I ask the Prime Minister whether he agrees with these comments:

… our economy … is stronger, it is more resilient. Our lending practices have been more prudent, our banks are profitable and better capitalised than those in other markets, in particular than in the United States. Having said that we are not immune from the impacts of this crisis and it has already had an impact on interest rates, on the availability of credit, on business activity around the world, including within Australia.

Does the Prime Minister agree with those remarks of mine and, if he does, why did he leave them out of his press conference today?

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