Senate debates

Monday, 7 August 2023

Questions without Notice

Economy

2:03 pm

Photo of Dean SmithDean Smith (WA, Liberal Party, Shadow Assistant Minister for Competition, Charities and Treasury) Share this | Hansard source

The statement of monetary policy released by the RBA on Friday revealed that:

Scheduled payments have risen by around 2¼ percentage points of household disposable income since the March quarter of 2022 and will continue to increase as borrowers with expiring fixed-rate loans roll off onto higher rates.

Minister, isn't this proof the Prime Minister has no real or lasting plan to— (Time expired)

Comments

No comments