Senate debates
Tuesday, 8 August 2023
Questions without Notice
Cost of Living
2:03 pm
Jane Hume (Victoria, Liberal Party, Shadow Minister for the Public Service) Share this | Hansard source
The Prime Minister said that his 2023 new year's resolution was to deal with the cost of living. Since the new year, the RBA has hiked interest rates four times, including directly after Labor's budget, by a total of 100 basis points, which has added thousands to the annual cost of average mortgage repayments. Minister, do you think the Prime Minister is succeeding in this resolution?
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