House debates
Tuesday, 14 August 2007
Questions without Notice
Economy
2:34 pm
Kevin Rudd (Griffith, Australian Labor Party, Leader of the Opposition) Share this | Hansard source
My question is to the Prime Minister. I refer to his Treasurer’s comment this morning that Australia’s inflation rate is ‘the level that we want’. Can the Prime Minister confirm that the Reserve Bank has forecast that prices will continue to rise by around three per cent? Prime Minister, why after nine back-to-back interest rate rises does your Treasurer believe families facing inflation at the top of the Reserve Bank target band is the level that we want?
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