House debates

Wednesday, 11 May 2011

Questions without Notice

Budget

2:45 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to Mr Ross Greenwood's advice to hundreds of thousands of Australians last night about the budget when he said: 'This does not take pressure off interest rates and interest rates are forecast to rise, and that is where the government had it within its own control.' Will the Treasurer advise Australians what the average mortgage holder will pay extra in mortgage repayments because of an anticipated one per cent increase in mortgage interest rates?

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