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

Because the minister said so. The now Deputy Prime Minister promised:

The Government will introduce legislation this year—

2017—

to implement the SACC and consumer lease reforms.

Then the merry-go-round continued with the member for Deakin. But, time and time again, we know it all comes back to the former member for Wentworth, who promised in writing that this legislation would be progressed into this House. Well—through you, Mr Deputy Speaker, to all of those right-wing ideologues opposite—we've got two weeks to go in this parliament, two weeks so that consumers can be protected in Australia, two weeks to ensure that consumers aren't being ripped off by the loan sharks.

My electorate knows and every single Labor member knows that the only people who can be trusted with proper consumer affairs are on this side of the chamber. Time and time again, we've seen that side of the chamber, the government, siding with big banks. Now today it's been revealed that they're siding with loan sharks. Well, we won't stop this fight. We know that the over 1,172 days are too many days. All it will take is a Shorten Labor government to make sure consumers are protected in this country.

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