Senate debates

Tuesday, 2 December 2008

Questions without Notice

Economy

2:00 pm

Photo of John WilliamsJohn Williams (NSW, National Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Conroy. I refer the minister to the fact that there has been a two per cent reduction in official interest rates since 3 September this year and that most small businesses and farmers have received only a one per cent reduction. What steps is the government taking to ensure the full cut of two per cent, plus whatever the Reserve Bank decides today, is passed on to the vital small business and farm sector?

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