Fed: Dutton says Tanner's comments are a political stunt

AAP General News (Australia)
08-24-2008
Fed: Dutton says Tanner's comments are a political stunt

The federal opposition says the Rudd government can't claim credit if official cash
rates are cut next month.

The Reserve Bank's indicated it will cut interest rates when it meets next month to
prevent a downturn in the economy.

Federal Finance Minister LINDSAY TANNER says the Rudd government's 22 billion dollar
budget surplus has put the reserve in a position to cut rates.

But Opposition finance spokesman PETER DUTTON says any downward movement in the economy's
the result of banks sourcing cheaper funds.

He's described Mr TANNER'S comments as a political stunt.

AAP RTV sld/

KEYWORD: RATES DUTTON (CANBERRA)

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