House debates
Tuesday, 16 November 2010
Questions without Notice
Interest Rates
2:22 pm
Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source
Perhaps at some point someone could explain to the opposition about the question of supply-side constraints, explain to the opposition about economic capacity, explain to them about the role of infrastructure and explain why I am being directly relevant to the question that is asked. Really, nothing could tell you more about the economic incompetency and illiteracy of the Liberal Party in the modern age than that point of order.
We will deliver the further competition reforms. We have already delivered competition reforms. I will say again, as I have said previously, people should use their power as consumers to put pressure on banks. The banks have behaved badly. They deserve to feel the pressure of competitive powers. Unlike the Leader of the Opposition, I am critical of the banks’ conduct. He wanders around saying: ‘I don’t blame the banks. I believe they bear their fair share of responsibility.’
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