Ms Julie Bishop (Curtin, Liberal Party, Deputy Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer to the Prime Minister’s failure to call on all banks to immediately pass on in full not only the recent interest rate cut but also the previous three interest rate cuts. Given the fact that Australians now owe almost $45 billion on their credit cards, how can the Prime Minister expect people to spend the upcoming stimulus rather than pay off their credit card debt when they are still paying interest to the major banks of around 19 per cent?

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