Penny Wong (SA, Australian Labor Party, Shadow Minister for Corporate Governance and Responsibility) Share this | Hansard source

Mr President, I ask a supplementary question. Does the minister say to Mrs Spooner and families like hers that the Howard government has kept interest rates at record lows, after five consecutive increases since that promise was made and nine consecutive increases overall? Isn’t this broken promise yet another example of why Crosby Textor concluded that there is significant disillusionment with the Liberals because of their broken promises and dishonesty? Given that people with mortgages now pay an extra $433 a month on average as a result of nine interest rate increases in a row, does the minister still agree with the Prime Minister that working families have never been better off?