Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

I recommend it to the shadow Treasurer if he really thinks that is good for Australian families. What I think is good for Australian families is being able to shop around for a mortgage product. What I think is good for Australian families is being able to say, with force and meaning, to their bank, ‘If I don’t get a good deal from you, I’m going to go down the road and get a better deal.’ What I think is in the interests of Australian families is that banks go in hard, go in competitively and go in with better and better and more and more competitive products. That is why we are opposed to these kinds of bank exit fees. I presume the Leader of the Opposition and the shadow Treasurer support them. I will leave that to them.

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