Senate debates

Monday, 15 June 2009

Questions without Notice

Interest Rates

2:00 pm

Photo of Helen CoonanHelen Coonan (NSW, Liberal Party, Shadow Minister for Finance, Competition Policy and Deregulation) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Sherry. Is it not a fact that the government’s massive $315 billion debt binge, where it is borrowing $3 billion a week, has put up the cost of money for banks, thereby leading to higher interest rates?

Comments

No comments