House debates

Tuesday, 25 November 2008

Questions without Notice

Banking

2:00 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is addressed to the Acting Prime Minister. Given the government has now adopted the coalition’s position on an appropriation bill to back the bank wholesale funding guarantee to ensure millions of customers in Australia fully benefit through lower interest rates, fees and charges, will the government now act to fix its bungled deposit guarantee and listen to Australia’s leading bankers, who insist the cap must be cut to as low as $100,000 as soon as possible?

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