Labor has ‘no plan' to get Australia back on track as RBA cuts interest rates to 3.6 per cent
'If you're an average mortgage holder with a $600,000 loan, you save $100 from this interest rate cut, but you're paying $1,800 more than you were three years ago when this government came to power,' Mr Paterson told Sky News host Chris Kenny.
'You are still far, far worse off than you were before this government were elected and that is before we even contemplate your electricity bill, or your grocery bill, or your insurance or so many other cost of living pressures Australian families are facing.'
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