House debates

Monday, 7 September 2015

Bills

Banking Laws Amendment (Unclaimed Money) Bill 2015; Second Reading

6:48 pm

Photo of Michael McCormackMichael McCormack (Riverina, National Party, Parliamentary Secretary to the Minister for Finance) Share this | Hansard source

Another fine contribution from the member for McMillan, who spoke about the robbery performed by Labor—robbery that particularly affected regional electorates. He represents a rural electorate, as do I—the Riverina. This Labor measure particularly affected regional constituents. He talked about how the robbery was almost criminal. Indeed, it was. Of all the policies enacted by Labor during those six sorry years from 2007 to 2013, I reckon this one was just about the bottom of the barrel. We saw Labor cut defence spending. I note the shadow assistant minister for defence is here. Labor cut defence spending to almost 1938 levels. Here we go.

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