House debates

Monday, 1 September 2008

Questions without Notice

Interest Rates

2:18 pm

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

I am dealing with inflation, I am dealing with interest rates and I am dealing with employment. The Leader of the Opposition was asked at the doors today whether, as Prime Minister, he would instruct the Reserve Bank governor to do what he had just advocated a couple of minutes earlier. This is what the Leader of the Opposition said at the doors in answer to the question, ‘If Prime Minister, does that mean you will tell the Reserve Bank what you expect in terms of rate movements?’ He answered, ‘No.’ He admitted that his policy in opposition is too irresponsible to be put in place in government. That is how irresponsible this Leader of the Opposition is.

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