House debates

Monday, 23 February 2009

Questions without Notice

Economy

3:03 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to ABS housing finance data which confirms that over 75,000 Australians locked in fixed interest home loans of up to 9.6 per cent during the government’s so-called war on inflation. Given that these households are today paying around $800 a month extra on their home loans, does the Treasurer now regret talking up inflation just one month after the last election? Hasn’t the Treasurer made the global financial crisis far worse for at least 75,000 Australian families?

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