Hawke Attacks Labor Over Interest Rates

The Federal Member for Mitchell, Alex Hawke, has attacked the Rudd Government over reckless spending which is putting upward pressure on interest rates.

“Labor must take the pressure off interest rates,” Mr Hawke said. “Last year local residents were hit with higher bills and charges in all areas, including health, education, electricity and water.

“Many local families are right on the limit to what they can afford. For some, any increase in interest rates could push them into great financial difficulty. It is a message I hear right throughout the Hills, from Bella Vista, to Kellyville, to Rouse Hill.

“The Opposition has been calling for the Rudd Government to rein-in spending. They must take control of the waste and mismanagement in their departments,” Mr Hawke said.

“The legacy of the Howard Government has been spent. Now we are approaching unprecedented levels of government debt and spending. They must overcome their addiction to stimulus.

“It seems the Rudd Government has chosen home owners and small businesses to have mortgage pain, over their own political pain. Keep the pressure off interest rates,” Mr Hawke said.