House debates

Thursday, 18 March 2010

Committees

Economics Committee; Report

10:07 am

Photo of Jamie BriggsJamie Briggs (Mayo, Liberal Party) Share this | Hansard source

They will in relation to decisions on rates, absolutely, so there is a real-world consequence which we face as members of parliament, and how the bank sets its rates and makes its decisions is a very important issue. They should not be decisions made purely by the bank. That is my point, and I think the member for Banks and I are probably in agreement on that. If the bank is going to change the way it makes its decisions then we should be part of that process. That is a developing issue. With those short remarks, I acknowledge the work of the chair of the committee, who works very hard on this part of his responsibilities, and also again the secretary and the bank.

Debate (on motion by Ms Hall) adjourned.

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