House debates

Monday, 6 February 2023

Questions without Notice

Interest Rates

2:39 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

As we have said, when those fixed mortgages end there will be an increased pressure on around about 800,000 Australians, who will go off fixed rates onto more flexible rates. That's why, in particular in the lead-up to the May budget, we will continue to put forward a responsible economic policy, because interest rates, of course, began to increase on your watch.

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