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

My question is to the Prime Minister. Does the Prime Minister recall an interview he gave on ABC radio on 17 March 2003 when he was questioned about the impact of a war in Iraq on the Australian economy? Does the Prime Minister recall warning:

Obviously if it were to go on for a very long time and there were to be a sustained lift in the oil price then that would start to have an effect. But if the conflict is shortlived then I don’t believe the effect is going to be anything like that.

Prime Minister, will you now describe the impact of the prolonged war in Iraq on the world oil price and the Australian economy?

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