Kim Beazley (Brand, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to his assertion yesterday in question time that the record proportion of a household’s income consumed by interest payments is irrelevant because the value of their assets is greater. Can the Prime Minister explain how households can actually pay their monthly mortgage interest repayments using equity in their homes? Is the Prime Minister suggesting households could borrow even more just to pay their mortgage?

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