Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

The member for Wentworth was asked about it this morning and he had this to say about monetary policy: ‘Any precedent for the federal parliament regulating interest rates? You really should speak to Joe about that.’ The member for North Sydney went out and compounded it. A journalist said, ‘You’ve been a bit unclear about what you’re saying should be done.’ This is what the member for North Sydney said: ‘Well, look, I’m not going to be specific, because I’m not fully aware of exactly what the banks are asking for.’ These people have lost the plot. The final word on monetary policy goes to the member for Canning. He was asked about this, and this is what he said about this commentary.

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