House debates

Wednesday, 22 October 2008

Questions without Notice

Banking

2:29 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

As the honourable member would know, the government’s guarantee extends to APRA regulated deposit-taking institutions, and that is the responsible course of action. It is also the course of action which was the subject of advice to us by the Secretary of the Treasury, whose advice we take seriously, whereas the Leader of the Opposition chooses to castigate, attack and demean him at any opportunity. We knew that the Leader of the Opposition overstepped yesterday when the member for Higgins, who has been recently engaged in an animated way in the debate in this chamber, suddenly buried his head in his books when the Leader of the Opposition went from being out of touch to being out of control.

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