House debates
Wednesday, 3 July 2024
Questions without Notice
Economy
2:00 pm
Peter Dutton (Dickson, Liberal Party, Leader of the Opposition) Share this | Hansard source
My question is to the Prime Minister. Before the Prime Minister was elected, under the coalition government, a typical Australian family could secure a new variable rate home loan at 2.4 per cent, paying $35,000 a year. After two years of the Albanese government's decisions driving up inflation, the new loan variable interest rate is 6.3 per cent, costing Australian families an extra $21,000 in after-tax dollars. Why won't the Prime Minister admit that his $315 billion spending spree is driving home grown inflation and threatening further interest rate increases into the future.
No comments