House debates

Thursday, 9 February 2023

Questions without Notice

Economy

2:09 pm

Photo of Sussan LeySussan Ley (Farrer, Liberal Party, Shadow Minister for Women) Share this | Hansard source

My question is to the Prime Minister. Over the course of the previous coalition government's time in office, the Reserve Bank of Australia met almost 100 times and raised interest rates once. Under the Albanese government, the Reserve Bank has met on eight occasions and has raised interest rates eight times. Using his economics degree, can the Prime Minister confirm that, under the coalition, interest rates rose about one per cent of the time but under Labor they are rising 100 per cent of the time? Why do Australians families always pay more under Labor? (Time expired)

Honourable members interjecting

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