House debates

Wednesday, 23 February 2011

Questions without Notice

Economy

2:23 pm

Photo of Julia GillardJulia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

I would rather speak sense slowly than be a gabbling idiot, but there we have it. On the question of speaking sense slowly to the shadow Treasurer, I believe in competition. Therefore, if you remove impediments to competition, that is a good thing. The proof of the pudding has been in the eating. We are already seeing, as a result of the signals about banking competition that have come from this government, banks out there offering more competitive products, including no more exit fees. I do not understand the shadow Treasurer’s case to the Australian people, but I presume he is on the cusp of producing a bumper sticker that says: ‘Vote Liberal and get unfair banking exit fees.’ That would be a good bumper sticker.

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