Senate debates

Monday, 10 September 2007

Questions without Notice

Housing Affordability

2:58 pm

Photo of Ursula StephensUrsula Stephens (NSW, Australian Labor Party, Shadow Parliamentary Secretary to the Leader of the Opposition (Social and Community Affairs)) Share this | Hansard source

Mr President, I ask a supplementary question. I thank the minister for his answer, which of course is cold comfort to those 6,000 families who have lost their home since 2006. I ask the minister: how does his rhetoric help the young families who are losing their home as we speak because they cannot afford their loan repayments? Why does the Prime Minister claim that working families in Australia have never been better off when they are losing their homes in record numbers? How will young Australians be able to afford their own homes if mortgages and prices keep rising along with interest rates?

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