Wayne Swan (Lilley, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I ask whether he recalls claiming credit for a fall in interest rates of 0.25 per cent on 2 December 1998. He said:

This is one of those days when it’s all come together for Australians. This morning we had an interest cut ...

It didn’t happen by chance ... And you’re seeing the fruits of those tough but right economic decisions ...

If the Treasurer is prepared to claim credit when interest rates fall, why won’t he accept responsibility now that they have increased a total of seven times since April 2002?

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