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

With your indulgence, Mr Speaker, I indicate that the opposition supports the government’s efforts at securing clemency with regard to the individuals dealt with in the answer from the foreign minister. My question is to the Prime Minister. I refer the Prime Minister to his answer yesterday about figures from the Supreme Court of New South Wales that show mortgage repossessions have more than doubled since 2002 and are now 50 per cent above the levels recorded in 1991. Prime Minister, if interest rates are not to blame for the increase in repossession actions, why is it that repossessions only started going through the roof in 2002, precisely when interest rates started to rise?

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