House debates Matters of Public Importance
Housing Affordability
Mal Brough Longman, Liberal Party, Minister Assisting the Prime Minister for Indigenous Affairs
3:30 pm
In fact, interest rates have averaged seven and a bit per cent. They averaged over 12 per cent under Labor. The member for Sydney stood up here today and said that 9.5 per cent of family income is what is required to service a loan. My God, what would it be at 10 per cent, at 11 per cent?
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