House debates

Tuesday, 2 December 2008

Questions without Notice

Interest Rates

2:10 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to his misguided and mistaken message to Australian borrowers earlier this year that the inflation monster was out of control in Australia. What does the Prime Minister have to say to those Australian mortgage holders who took his irresponsible and politically motivated comments on inflation seriously and locked into fixed rate loans fearing interest rates would rise because of his inflation monster and who are now paying interest at rates well above current prevailing interest rates?

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