House debates

Tuesday, 21 June 2011

Bills

National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill 2011; Second Reading

8:40 pm

Photo of Steve IronsSteve Irons (Swan, Liberal Party) Share this | Hansard source

That is good. However, this legislation has again exposed the policy problems that this government suffers from—announcement of policy on the run, not thinking through the details and having to make amendments as a result. Unsurprisingly, therefore, this is a fairly superficial attempt to solve serious issues and the government should be looking towards the coalition's nine-point policy proposal to make our banking system stronger, safer and fairer. Australia's credit card debt will remain internationally high and the public policy implications of this need to be properly considered by a responsible government.

Comments

No comments