House debates

Wednesday, 9 September 2009

Questions without Notice

Interest Rates

3:25 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. The Treasurer will recall saying in this House: ‘The price that must be paid by the Australian people for this government’s spending spree is higher interest rates, which the Reserve Bank said are now on the cards.’ Does the Treasurer agree with his own view that government spending sprees will result in higher interest rates?

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