House debates Questions without Notice

Interest Rates

Wednesday, 14 October 2026 House of Representatives

Darren Chester

Darren Chester Gippsland, National Party, Shadow Minister for Veterans’ Affairs

3:13 pm

My question is to the Prime Minister. Does the Prime Minister take any responsibility for the average mortgage holder now paying $30,000 more per year because of the 16 interest rate rises under his government?

Anthony Albanese

Anthony Albanese Grayndler, Australian Labor Party, Prime Minister

3:14 pm

What we take responsibility for is making sure that we produced two budget surpluses under this Treasurer. We take responsibility for the $230 billion improvement in the budget, the fact that we've had almost $180 billion of savings and the fact that we produced eight separate budgets or budget updates, every one of which has had a savings measure in it. We take responsibility for the fact that over 260,000 Australians—

Unidentified interjection - Hansard doesn't record who said this

Opposition Members:

Opposition members interjecting—

Anthony Albanese

Anthony Albanese Grayndler, Australian Labor Party, Prime Minister

I've finished, then.

Milton Dick

Milton Dick Speaker

The Prime Minister has concluded his answer.

The Leader of the Opposition, I don't appreciate that language. Neither does the House. Words matter, and I want everyone to be treated with respect in this place.