House debates
Monday, 4 November 2024
Questions without Notice
Interest Rates
2:36 pm
Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source
We understand that interest rates have caused pressure on Australian households, and, of course, we have seen a series of increases in interest rates, 13 of them, which began under the former government, to the point whereby the Reserve Bank will meet tomorrow. And the rate is, of course, 4.35 per cent. But that is less than the United Kingdom, where it's five. It's less than New Zealand, which is 4.75. It's less than the United States, which is five.
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URL: https://www.openaustralia.org.au/debate/?id=2024-11-04.81.1
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Line: 107
Source:
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106 public function render($data, $format = 'html', $template = 'comments') {
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