Senate debates Questions without Notice

Interest Rates


Ursula Stephens

Ursula Stephens NSW, Australian Labor Party, Shadow Parliamentary Secretary for Science and Water

2:18 pm

Mr President, I ask a supplementary question. Isn’t the new interest rates reality crushing the aspirations of Australians who are desperately trying to buy a house? Where does the minister expect a low- or middle-income family to find the extra $285 a month they now need to pay off their home? How can the government have breached the trust of Australian families so badly?

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