Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

In the course of question time, the Treasurer asserted that I had verballed the board of the Reserve Bank when I quoted from the minutes of their monetary policy meeting of 6 October 2009. Far from verballing the Reserve Bank—verballing involves making a fabricated account of someone else’s report—I quoted expressly and precisely from the minutes to the effect that:

… the balance of risks was now such that the current very expansionary setting of policy was no longer necessary, and possibly imprudent.

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