House debates

Thursday, 10 November 2022

Questions without Notice

Economy: Help to Buy Scheme

3:03 pm

Photo of Michael SukkarMichael Sukkar (Deakin, Liberal Party, Shadow Minister for Social Services) Share this | Hansard source

My question is to the Minister for Housing. Goldman Sachs's Chief Economist Andrew Boak says the cash rate will rise five more times to 4.1 per cent over the next six months—they are one of many financial institutions to upgrade their forecasts following your budget. Isn't this proof that the budget was a missed opportunity that failed to deliver on the government's promises—the Prime Minister's promises—of cheaper mortgages for Australian families?

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