House debates
Thursday, 23 October 2008
Questions without Notice
Banking
2:30 pm
Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source
My question is to the Prime Minister. I refer the Prime Minister to advice from the Governor of the Reserve Bank to the Treasury secretary, Dr Henry, on 17 October in which the Governor of the Reserve Bank said ‘not only must there be a cap, but the lower the better’. Given this advice, does the Prime Minister agree with the Treasurer’s statement on national television four days later, on 21 October, when he said, ‘The Reserve Bank is not arguing for a cap’?
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