❓ Ms. Davies asks the Premier if he or his ministers have met with bank heads to discuss COVID-19 response. The Premier outlines his public advocacy for banks to support customers and urges Commonwealth action, highlighting his communication with the Prime Minister.
AnsweredQoN 192Legislative Assembly
QuestionView source ↗
CORONAVIRUS —
GOVERNMENT RESPONSE — BANKS
192. Ms M.J. DAVIES to the Premier:
Before I ask my question, I will
put on the record my thanks to the Premier for his response just before
question time to the questions we raised about 417 ''backpacker''
visas, and for raising that matter at the national cabinet meeting; we
appreciate it.
I
refer to statements that the Premier has made in this place and in the media
calling on banks to be responsible when it comes to loan repayment arrangements
for businesses and individuals in these trying times. Can the Premier advise
the house whether he or his cabinet ministers have convened a meeting with
heads of banks here in Western Australia to discuss the current COVID-19
situation and how they will be responding in the short to medium term?
GOVERNMENT RESPONSE — BANKS
192. Ms M.J. DAVIES to the Premier:
Before I ask my question, I will
put on the record my thanks to the Premier for his response just before
question time to the questions we raised about 417 ''backpacker''
visas, and for raising that matter at the national cabinet meeting; we
appreciate it.
I
refer to statements that the Premier has made in this place and in the media
calling on banks to be responsible when it comes to loan repayment arrangements
for businesses and individuals in these trying times. Can the Premier advise
the house whether he or his cabinet ministers have convened a meeting with
heads of banks here in Western Australia to discuss the current COVID-19
situation and how they will be responding in the short to medium term?
AnswerView source ↗
As I have outlined in the house now
for the best part of a week, I am very concerned that banks and landlords do
the right thing by their customers and their tenants. I have expressed that
publicly. If action is required, I urge the commonwealth government, which
regulates the banks, to do the right thing. I expect that banks are coming
under a great deal of pressure currently from not only customers, but also the
commonwealth government—I certainly hope so. I have communicated my
views on this matter to the Prime Minister and the commonwealth government,
which regulates the banks. This is a time for economic nationalism on the part
of the banks. It is a time for them to act as
Australians first, and I urge them to do so. I will continue to raise this
matter at the national cabinet meetings . It is incredibly important that
the banks—we have four large ones—which, in effect, receive
some protection because of the law of the nation, do the right thing by the
nation.
for the best part of a week, I am very concerned that banks and landlords do
the right thing by their customers and their tenants. I have expressed that
publicly. If action is required, I urge the commonwealth government, which
regulates the banks, to do the right thing. I expect that banks are coming
under a great deal of pressure currently from not only customers, but also the
commonwealth government—I certainly hope so. I have communicated my
views on this matter to the Prime Minister and the commonwealth government,
which regulates the banks. This is a time for economic nationalism on the part
of the banks. It is a time for them to act as
Australians first, and I urge them to do so. I will continue to raise this
matter at the national cabinet meetings . It is incredibly important that
the banks—we have four large ones—which, in effect, receive
some protection because of the law of the nation, do the right thing by the
nation.
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