House debates
Monday, 11 September 2006
Questions without Notice
Interest Rates
2:12 pm
John Howard (Bennelong, Liberal Party, Prime Minister) Share this | Hansard source
The figure is higher because the size of mortgages is much higher, because the cost of housing is much higher. That is the reason. The question must be rhetorically asked: can you imagine what it would be at if we were paying 17 per cent, as we were under Mr Keating.
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