Angus Taylor Hume, Liberal Party, Shadow Treasurer
3:03 pm
My question is to the Prime Minister. I refer to the Prime Minister's answer yesterday when he couldn't say how much the cash rate had increased since those opposite came to government. Given the Reserve Bank's decision today, how much higher is the cash rate compared to when those opposite came to government? What is the impact on the average mortgage payment?
Unidentified interjection - Hansard doesn't record who said this
Hon. Members:
Honourable members interjecting—
Milton Dick Speaker
Order! Members on my left and right!
The Minister for Resources is not helping. I give the call to the Prime Minister.
Anthony Albanese Grayndler, Australian Labor Party, Prime Minister
3:04 pm
The cash rate went up by 0.5 today, as it went up by 0.5 last month and it went up by 0.5 the month before.