House debates Questions without Notice
Payday Lending
Tim Hammond Perth, Australian Labor Party, Shadow Minister for Consumer Affairs
3:03 pm
My question is to the Minister for Revenue and Financial Services. I refer to reports that a group of government backbenchers, known as the parliamentary friends of payday lending, have enlisted the Treasurer to water down the Minister for Revenue and Financial Services' payday lending legislation. Why is this government protecting unscrupulous operators in the payday lending industry by watering down this important legislation, instead of protecting vulnerable Australians who are already doing it tough?
Scott Morrison Cook, Liberal Party, Treasurer
3:04 pm
As the matter falls to my portfolio responsibility, I can inform the member that the report is entirely false.
Tony Smith Speaker
The Manager of Opposition Business will resume his seat.
Scott Morrison Cook, Liberal Party, Treasurer
I'm happy to repeat it. As the matter falls within my portfolio responsibilities, I can inform the House that that report is false.