Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

That is the first principle. The second thing is to recognise that there are practical things which governments can do in response, in our case beginning with, through the budget, ensuring that we can implement a $55 billion Working Families Support Package, which we legislated. Secondly, we have a $7.5 billion additional set of payments for pensioners, carers and those on the disability support pension. These are practical steps forward. In terms of the factors impacting on oil prices, let us simply be realistic about the fact that global oil prices are out there affecting all economies across the world. If those opposite have a particular solution as to how to quarantine this economy from the roll-on impact of changes in the global price of oil, I am all ears.

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