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

That is not bad coming from someone who was a member of a government that was the highest taxing government in Australian history, spent like a drunken sailor at the height of a boom and presided over 10 interest rate rises in a row when it had promised to keep interest rates at record lows. That is the record of the Howard government, and we will not do what it did, which was to mislead the Australian people when it claimed it would keep interest rates at record lows. That is what it did. It told a lie to the Australian people and it was sprung at the last election. That is exactly what happened. So let us have no more humbug from those opposite when it comes to interest rates.

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