Stuart Robert (Fadden, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

I'm sure they'll be forever grateful that you can yell from the backbench while they actually pay the cost of your ineptitude and inaction. The government has the priorities wrong. Australians deserve a government that's got their backs, and that is not what they are seeing from this government.

The Reserve Bank says a further 800,000 Australian households will now move from fixed-rate mortgages circa 1.98 per cent on to flexible or variable rates approaching seven per cent. That is an extraordinary impost on what working Australians are facing. This government needs an economic plan. It needs to work in concert with the Reserve Bank. I admire the member for Boothby's motion; the problem is it doesn't hold true.

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