Senate debates

Tuesday, 12 September 2006

Questions without Notice

Housing Affordability

2:23 pm

Photo of Nick MinchinNick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

and it is in the range of seven per cent to eight per cent now, and that has been the average level of interest under us. So first homebuyers, whatever the current conditions, are certainly experiencing much better conditions, much more affordability than was ever the case under our opponents.

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