Senator DEAN SMITH (Western Australia) (14:05): The statement on monetary policy released on Friday by the RBA also said: Based on cash rate increases to date, scheduled payments are projected to increase to an historical high of around 9.8 per cent of household disposable income by the end of the year … Minister, will the Prime Minister apologise to Australian families for failing on his commitment to deliver real, lasting plans for cheaper mortgages and for instead inflicting on them the highest scheduled mortgage payments in history? (Time expired)