House debates

Wednesday, 13 February 2008

Questions without Notice

Housing Affordability

2:56 pm

Photo of Tanya PlibersekTanya Plibersek (Sydney, Australian Labor Party, Minister for Housing) Share this | Hansard source

This is a problem that the previous government were in denial about for a decade; they still do not admit that housing affordability is a problem in this country. I am painting a picture for them to explain that housing affordability is at its worst ever. Today, home buyers spend $30 out of every $100 they earn repaying their mortgage. In 1996 it was less than $18 out of every $100.

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