House debates Questions without Notice
Interest Rates
Chris Hayes Werriwa, Australian Labor Party
2:40 pm
Has the Prime Minister seen reports in the Sun-Herald on 10 September on the sharp increase in mortgage repossessions in New South Wales since interest rates started to climb in 2002? Did the Prime Minister see the comments from accountant Anthony Bell, who said, ‘Interest rate rises have made loan service ability harder and harder’? When will the Prime Minister finally admit that it is his seven back-to-back interest rate hikes that are causing some families to lose their homes?
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