House debates

Monday, 20 March 2023

Questions without Notice

Interest Rates

2:26 pm

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

My question is to the Prime Minister. Can the Prime Minister confirm that this year more than half of mortgage holders in every state will move from a fixed rate to a variable rate, with Victoria hit the hardest, at 61 per cent? Doesn't this mean families will be hit with significantly higher repayments as a result of nine consecutive rate rises on this government's watch?

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