House debates

Monday, 17 August 2009

Questions without Notice

Economy

3:10 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to his statement prior to the last election:

… working families have been under financial pressure, whether it’s through mortgage interest rates going up, whether it’s through the impact on rents, whether it’s food and grocery prices, the cost of child care …

As the Reserve Bank governor has indicated that mortgage rates are likely to rise by at least two per cent, house prices and rents are increasing, grocery prices may rise by as much as seven per cent and childcare costs will increase by up to $1,500 per child per year, I ask the Prime Minister: where are the fresh ideas the Prime Minister promised working families to keep the costs of living under control?

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