Mark Arbib (NSW, Australian Labor Party, Minister for Social Housing and Homelessness) Share this | Hansard source

Liberal senators would hate hearing that interest rates are 2.25 per cent less under Labor than when the Liberals were last in—2.25 per cent less. Working families are the winners out of that. In terms of housing, that is not all we are doing. I have talked about the almost $20 billion that is being invested in housing in this country—social housing, affordable housing—which means that almost 80,000 dwellings will be under construction. These are dwellings that disadvantaged Australians, working Australians, Australians who are doing it tough, will benefit from. This is what the Gillard government is doing. We are putting support on the table for families—for workers—and that is something we intend to keep doing.

On the other side, what do we have? Those opposite have a $70 billion black hole which will lead to cuts in services, cuts in housing and cuts in health, just like the last time Mr Abbott was health minister, as well as cuts in education. (Time expired)