House debates Questions without Notice

Economy

Tuesday, 22 February 2011 House of Representatives

Andrew Robb

Andrew Robb Goldstein, Liberal Party, Chairman of the Coalition Policy Development Committee

2:27 pm

My question is to the Treasurer. Treasury documents reveal that banning mortgage exit fees would not only increase interest rates, as you did not deny; it could also disproportionately impact first home buyers through higher establishment fees and ongoing fees. Why is the Treasurer proceeding with a plan that Treasury suggests will make life harder for first home buyers?

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