House debates
Tuesday, 11 August 2026
Questions without Notice
Housing
2:36 pm
Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) | Hansard source
I was asked about interest rates, and the impact they have and what views would be. Someone in this place said on 10 November 2020:
Nobody wins from low interest rates.
On 23 October 2019, they said:
At the beginning of this term I deliberately communicated my concern about the Reserve Bank continuing to cut interest rates.
Going back, in case you think that was an accident, to 2018:
… we need to create the policy settings to progressively increase interest rates.
… … …
Money is too cheap, and it's time we did something about it around the policy framework.
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