House debates
Wednesday, 8 August 2007
Questions without Notice
Housing Affordibality
2:42 pm
Wayne Swan (Lilley, Australian Labor Party, Shadow Treasurer) Share this | Hansard source
My question is to the Prime Minister. I refer to his claim that households with mortgages are better off now than under Labor. Is the Prime Minister aware that official Reserve Bank figures show that, even prior to the rise today, the proportion of household disposable income consumed by mortgage interest repayments is 9.5 per cent compared to 6.1 per cent in 1989—that is, higher today than under Mr Keating? Prime Minister, are these figures accurate?
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