House debates

Monday, 23 February 2009

Questions without Notice

Economy

3:03 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

You were in government. Remember? You were there. The Liberal and National parties were there in November 2007 when the proportion of all new mortgages that were fixed was 23.9 per cent. Those opposite would have everybody believe that the Rudd government somehow forced up or encouraged an increase and that occurred under us because more people were taking out fixed mortgage rates. The figures show that that claim is simply incorrect. It did not happen.

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