Tony Smith (Casey, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer him to Professor Ross Garnaut’s comments on ABC television last week about the need to wind back the government’s stimulus in response to better than expected economic conditions when he said:

… once there are signs that the economy is recovering faster than had been anticipated, then it is appropriate to pull back that stimulus at a faster rate.

Treasurer, how many more interest rate hikes will it take before you start listening to sensible calls to wind back your reckless spending?

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