House debates

Thursday, 25 September 2008

Questions without Notice

Economy

3:14 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is addressed to the Treasurer. I refer the Treasurer to his speech on 18 March 2008 and a second speech overseas on 6 June where he stated that the ‘market for Australian residential mortgage backed securities vanished late last year’—which he restated in the House today. Why has the Treasurer done nothing to support the mortgage lending market in Australia?

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