Michael Owen, Political Reporter: The Advertiser | September 24, 2008
TREASURER Kevin Foley has accused State Opposition leader Martin Hamilton-Smith of being happy to “kick a black” and engage in “racism politics”.
Mr Foley went on the attack yesterday in State Parlianment after Mr Hamilton-Smith asked a question about the HomeStart Finance “Nunga Loan” scheme – a home loan package designed for Aborigines – and the risks associated with them.
Mr Hamilton-Smith compared the Nunga Loans product to the subprime loans in the U.S. that sparked an economic meltdown.
He said loans above a property’s value were approved to …