House debates

Wednesday, 10 May 2006

Questions without Notice

Budget 2006-07

2:10 pm

Photo of Kim BeazleyKim Beazley (Brand, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question is to the Treasurer. Isn’t it a fact that since last night’s budget the bank bill futures market has shifted to predicting with 100 per cent certainty that interest rates will rise again within the next year? Is the futures market wrong? Will the Treasurer guarantee that interest rates will not go up as the futures market predicts?

Comments

No comments