Senator BRANDIS (Queensland—Attorney-General, Vice-President of the Executive Council and Leader of the Government in the Senate) (15:02): I think most Australians—particularly, young Australians trying to get into housing—would be delighted at the fact that they can borrow money at such low interest rates as exist at the moment. If you want to have a debate about interest rates, Senator Cameron, bring it on. I can tell you that young Australians in particular—people trying to get into the housing market—are delighted that interest rates— The PRESIDENT: Senator Cameron, a point of order? Senator Cameron: Yes, on relevance, Mr President. I asked a specific question, and that was that the former Treasurer Joe Hockey described the cash rate as being at 'emergency levels'. I simply asked the minister, 'How would you describe the current cash rate?' The PRESIDENT: The minister did describe it by saying that homeowners would be delighted. That is a description. The minister has been directly relevant. Senator BRANDIS: And I say it again, Senator Cameron: you may not speak to young people, but I do and I know what is on their mind. What is on their mind in particular is the need to get into the housing market. People in their 20s and 30s want to get into the housing market and they are delighted that they can borrow money and get housing finance on more favourable terms today than they have been able to do for years. (Time expired) The PRESIDENT: Senator Cameron, a final supplementary question?