House debates

Wednesday, 24 September 2008

Questions without Notice

Economy

2:40 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

Well, the current Leader of the Opposition thought it was a good idea at the time—something you could not manage to do. The current Leader of the Opposition understood the need to put more liquidity in the market, and we did issue more bonds. We also, in that legislation, gave authority to the government for the AOFM to be more active in the area, should that be required. We stand ready to take further action in the mortgage market to make it more competitive so that Australian families out there get a fair deal. That is the government’s position.

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