Senate debates

Wednesday, 19 September 2007

Questions without Notice

Housing Affordability

2:00 pm

Photo of Nigel ScullionNigel Scullion (NT, Country Liberal Party, Minister for Community Services) Share this | Hansard source

It is good to see the Leader of the Opposition is paying attention. The substance of the question was about interest rates. The report indicated that interest rates are going up, so I stand in this place to remind the Australian people of what it must have been like to have had 17 per cent interest rates, rather than the 8.3 per cent that we have now. I think that is a very reasonable consideration of the question that was put to me. Over the last 11 years of this government we have been extremely active on housing policy. We now have tax arrangements to encourage—

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