House debates

Monday, 19 October 2009

Questions without Notice

Interest Rates

3:20 pm

Photo of Steven CioboSteven Ciobo (Moncrieff, Liberal Party, Shadow Minister for Small Business, Independent Contractors, Tourism and the Arts) Share this | Hansard source

I refer the Treasurer to the comments earlier this year by the Reserve Bank governor when he said, ‘In the case of business loan rates, frankly, they have not been under quite the same public pressure on those rates.’ Will the Treasurer explain why the Labor government has failed to put pressure on the banks to bring down small business loan rates?

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