House debates

Monday, 13 August 2007

Questions without Notice

Interest Rates

2:00 pm

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

I refer the Leader of the Opposition to precisely what I said this morning and I take the opportunity of reminding him and reminding the House that, when the latest increase in interest rates is passed on, housing interest rates will be 8¼ per cent, which is a full 4½ per cent below the average under the former Labor government.

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