Joe Hockey (North Sydney, Liberal Party, Manager of Opposition Business in the House) Share this | Hansard source

My question is to the Prime Minister. Is the Prime Minister aware of reports that over 90 per cent of National Australia Bank mortgage customers are still paying above their monthly minimum repayments—in other words, mortgage holders are paying down their debt rather than taking the savings in interest rate reductions? Given this pattern of saving by householders, how can the Prime Minister be confident that his cash handouts will be spent and not saved by nervous householders?

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