Sean Bell (NSW, Pauline Hanson's One Nation Party) Share this | Hansard source

The Albanese Labor government has failed to control interest rates. As a result of Labor's reckless spending, Australians will be dealing with higher inflation for longer, and Australian families will pay the price. Today, the Reserve Bank lifted interest rates by 25 basis points, and that means mortgage repayments will jump by around $1,000 extra per year for a $500,000 mortgage. For families across NSW and Australia already struggling with groceries, fuel, rent and power prices, this is a cruel blow—another hit to the household budget from a Labor government that is totally out of touch. While groceries, rent, fuel and power keep climbing, Labor keeps spending. Labor keep pushing their devastating net zero ideology, and Labor keep driving mass immigration higher and higher.

Families are hurting, mortgage holders are stretched to the limit, home buyers are being locked out of the market, and renters are being crushed under the mistakes of this terrible Albanese Labor government. This Labor economy is failing everyday Australians. One Nation is the only party here with a real plan to rebuild Australia for Australians, because One Nation will cut electricity prices by scrapping Labor's net zero agenda and backing reliable coal-fired power, One Nation will end mass immigration to ease pressure on housing, infrastructure and essential services, and One Nation will slash government waste, pay down debt and make sure that your taxpayer dollars are spent where they're needed. One Nation will not allow Labor to continue to inflict this economic pain on Australians. We will hold them to account. One Nation is united. We are ready. We will put everyday Australians first every single— (Time expired)