Senate debates

Thursday, 9 August 2007

Questions without Notice

Housing Affordability

2:22 pm

Photo of Nigel ScullionNigel Scullion (NT, Country Liberal Party, Minister for Community Services) Share this | Hansard source

Please do not interject, Senator. Furthermore, 50 per cent of people are more than a month ahead in their repayments. I refer to an article in the Australian on 27 July which said:

The Reserve Bank estimates that less than 1 per cent of all home borrower households are more than 90 days behind on their repayments ...

So 50 per cent of Australian households are ahead in their repayments. (Time expired)

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