House debates

Thursday, 12 October 2006

Questions without Notice

Interest Rates

2:33 pm

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

My question is to the Treasurer. I refer the Treasurer to the speech last night by the Reserve Bank governor, Glenn Stevens. Does the Treasurer agree with the governor’s assessment that rising inflation is:

... not just because of prices of petrol and bananas.

What factors does the Treasurer believe are putting upward pressure on inflation and interest rates?

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