House debates Questions without Notice

Automotive Industry

Monday, 10 November 2008 House of Representatives

Malcolm Turnbull

Malcolm Turnbull Wentworth, Liberal Party, Leader of the Opposition

2:20 pm

My question is again to the Prime Minister. Given that around half of all cars sold in Australia each year are either leased or financed and given that the government’s ill-considered unlimited bank deposit guarantee has dramatically reduced the availability of auto finance, why does today’s package fail to address the critical and immediate credit issues facing Australia’s car dealers and their 90,000 employees?

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