Lindsay Tanner (Melbourne, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

Both arise from an answer to a question in the chamber yesterday. A report by Jessica Irvine in the Sydney Morning Herald today states that I said another interest rate rise was ‘well and truly in the pipeline’. In fact, if you look at the Hansard you will see that the term ‘another one well and truly in the pipeline’ is clearly a reference to the rate rise that occurred on 5 February. So there is no speculation about any prospective rate rise but clearly a reference to a rate rise that has already occurred. Secondly—and equally, I believe, innocently, but nonetheless important to correct—in the Canberra Times in an article by Andrew Fraser there is a reference to statements I made with regard to government advertising spending. I stated that it had increased, and it stated in the article:

From $95 million in 2006, the previous administration had spent $368 million in 2007 ...

In fact the $95 million baseline was 2002, not 2006.

See this speech in context