House debates

Tuesday, 7 February 2023

Questions without Notice

Economy

2:02 pm

Photo of Peter DuttonPeter Dutton (Dickson, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. Today a ninth interest rate rise since May is widely expected. Three months out from the election, the Prime Minister committed to reducing costs for families and promised: 'Australians will be better off under a Labor government.' A rate increase today would mean the typical family is paying $1,400 more each month on their mortgage, without taking into account increases in grocery and power bills. I ask the Prime Minister: why do Australian families always pay more under Labor?

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