House debates

Tuesday, 9 May 2023

Questions without Notice

Interest Rates

3:28 pm

Photo of Jenny WareJenny Ware (Hughes, Liberal Party) Share this | Hansard source

My question is to the Prime Minister. Prime Minister, you promised Australians cheaper mortgages, but after 10 interest rate rises in a row on your watch the average borrower is now paying 62 per cent more in repayments than in 2020 and in almost half of New South Wales postcodes the average repayment is more than 40 per cent of median income. Prime Minister, why do Australians always pay more under Labor?

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