House debates

Monday, 11 September 2006

Questions without Notice

Interest Rates

2:40 pm

Photo of John HowardJohn Howard (Bennelong, Liberal Party, Prime Minister) Share this | Hansard source

I have seen the reports in the weekend press, and my understanding of those figures is that they do not relate solely to dwellings; they also include actions to repossess properties involved commercially, and it is not possible on the figures available in the media to know precisely how many of those relate to homes. He asks me a question relating to interest rates. It is true that interest rates rose by 0.25 per cent recently, and there have been three interest rate rises in the last 18 months. I acknowledge that. That is a statement of fact. The other statement of fact is—

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