7 February 2001

Policy Laziness from Labor, Again

Labor today showed once again that it was a policy free zone.

The Minister for Financial Services & Regulation, Joe Hockey, told Parliament today that Labor was too lazy to make a submission to a major banking review.

The independent review of the Australian Bankers Associations' the Code of Banking Practice, which has been under way for nine months, has received 23 submissions including one from the Federal Government - but no submission from Federal Labor.

"Where was the submission from the Labor Party?

"Where was the policy contribution from the Labor Party?

"Could it be that the Labor Party is a great example of policy laziness?"