Wayne Swan (Lilley, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is directed to the Prime Minister. Is the Prime Minister aware that the Reserve Bank’s measure of the debt servicing of households shows a bigger share of household income is being consumed by mortgage interest payments today than ever before? Why doesn’t the Prime Minister tell the truth, like the Treasurer’s parents said he should, and admit interest rate rises today are having a greater impact on household budgets than rates prevailing in 1989?

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