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Thursday, 15 September 1983
Page: 862


Mr RONALD EDWARDS —I give notice that, on the next day of sitting, I shall move:

That this House-

(1) applauds recent reductions in housing loan interest rates;

(2) calls on financial institutions where possible to consider further reductions in housing interest rates;

(3) calls on financial institutions to extend their reductions to existing loans where they have not already done so; and

(4) urges the Government to extend the charter of the Housing Loans Insurance Corporation to cover mortgage insurance for borrowers as well as lenders.

The motion will be seconded by the honourable member for Tangney (Mr Gear).