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

My question is to the Treasurer. I refer the Treasurer to the Prime Minister’s failure to call on all banks to immediately pass on in full the recent interest rate cuts. Given that the national accounts released today reveal that household expenditure on motor vehicles fell by 7.9 per cent in the September quarter, what is the government going to do now—not in five or 10 years time but now—to save jobs in the motor retail industry, which is facing not only a shortage of credit but high interest rates?

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