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

I thank the honourable member for his question, because this is a decision which is taken by the independent Reserve Bank. We on this side of the House respect the independence of the Reserve Bank. From day one, when we came to office, we did take responsibility for dealing with and tackling the inflation problem that was left to us by those opposite—16-year high inflation in October, November and December—

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