Steve Fielding (Victoria, Family First Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Wong. Given that the Treasurer has stated that the banks had no justification in lifting their interest rates above the increase in the official cash rate on 5 October and the fact that banks have seized almost 11,000 Victorian properties in the last five years due to defaulting on mortgages, why is the government allowing the situation to occur unchecked instead of taking real action, other than scrapping fees, against the banks, who are still recording multibillion dollar profits?