House debates

Tuesday, 2 August 2022

Questions without Notice


3:03 pm

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

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?

Hon. Members:

Honourable members interjecting

Photo of Milton DickMilton Dick (Speaker) Share this | | Hansard source

Order! Members on my left and right!

The Minister for Resources is not helping. I give the call to the Prime Minister.

3:04 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | | Hansard source

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.