House debates

Tuesday, 23 October 2018

Matters of Public Importance

Payday Loans

3:44 pm

Photo of Milton DickMilton Dick (Oxley, Australian Labor Party) Share this | Hansard source

The member for Mackellar doesn't need to be in this place. He's on a margin of 15.74 per cent, which in the new paradigm is an ultramarginal Labor seat. So I'd get out doorknocking, if I were you, and start trying to get people to vote Liberal in Double Bay and Neutral Bay, before you come in here and lecture anyone about that.

I just want to pick up where the member for Mackellar finished. He said their government are not going to do anything; it was Labor legislation. I will tell you who was going to do something about this. They're all listening now. I've got a letter in my hand. In the days before Malcolm Turnbull was knifed by all of those opposite, he wrote to me: 'Dear Milton, legislation will be progressed this year, with the changes applying 12 months after its passage.' They've gone silent now, haven't they? A big talk by the member for Mackellar and the friends of the loan sharks, but it's in black and white from Malcolm Turnbull, promising the people of Australia that legislation would take place to crack down on payday lending.

Well, what happened? What happened? No wonder the people of Wentworth rejected the Liberal Party with the largest swing in Australia's history. This Prime Minister turns around and says: 'It wasn't that bad. We almost won it.' That's their excuse—no apology to the people of Wentworth, no apology to the people of Watsons Bay, Neutral Bay or Double Bay. If that's not your base, I don't know what your base is—through you, Mr Deputy Speaker.

We know that it's been 1,173 days. I know that the member for Mackellar sits on the leafy North Shore. He doesn't care at all.

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