Pauline Hanson’s rates slip, a brutal Melania review

Inflated claims: One Instagram video Reacting to the Reserve Bank’s latest rate hike, One Nation leader Pauline Hanson made a small mistake: she overstated the cost impact for mortgage payers by nearly 400%.

“The RBA has announced that interest rates will increase by 0.25%,” Hanson says in the video. “What does this mean for many Australians? If you have a million-dollar mortgage, you’ll have to pay an extra $150 a week in interest.”

Essentially, the extra repayment on a $1,000,000 mortgage close to $150 per month.