Kim Carr (Victoria, Australian Labor Party, Shadow Minister for Housing and Urban Development) Share this | Hansard source

I ask a supplementary question, Mr President. Is the minister aware that, if the proportion of families who own their home was the same as it was in 1996, there would be another 70,000 young Australian families who would actually have their own home? Is he aware of the Reserve Bank governor’s comments yesterday which contained a strong suggestion that there would be another interest rate rise before the end of the end the year? What impact would this have on the capacity of young families and couples to become first homeowners?