House debates

Monday, 11 September 2006

Questions without Notice

Interest Rates

2:12 pm

Photo of John HowardJohn 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.

Comments

No comments