Joe Hockey, Wayne Swan and Interest Rates 2010

Interest Rates 2010.

21st Oct 2010
JOE Hockey wants the banks, the government and the rest of us to forge a “social compact” on interest rates, Mr Hockey has urged Mr Swan to do more to stand up for customers battling cost of living pressures. He has suggested Parliament could get involved to keep the banks in line, but Treasurer Wayne Swan has labelled it an “absurd, lunatic fringe” idea.

3rd Nov 2010
TREASURER Wayne Swan has warned the big banks the Federal Government will implement reforms to keep them honest.

Is politics confusing or what ?

Was Joe Hockey right after all ?

Is this a Wayne Swan back-flip ?

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