Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

This government will not stand idly by. It will take necessary action through an economic stimulus strategy and necessary action through our automobile strategy and infrastructure strategy, and we are doing these measures in addition to what is already equivalent to a two per cent interest rate fall in recent months—a two per cent interest rate fall which, if you have an average mortgage of some $251,000, results in a $314 a month reduction in your mortgage.

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