House debates

Wednesday, 8 February 2023

Questions without Notice

Interest Rates

2:34 pm

Photo of Angus TaylorAngus Taylor (Hume, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Prime Minister. On Monday, the Prime Minister needed help from the Treasurer before he could tell the House that 800,000 households would be facing higher mortgage payments when they move from low fixed rates to higher variable rates this year. Prime Minister, how many small businesses will move on to variable rate loans this year? Why do Australian families and small businesses always pay more under Labor?

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