House debates

Tuesday, 14 February 2023

Questions without Notice

Economy

2:06 pm

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

My question is to the Prime Minister. I refer to the Treasurer's description of one interest rate rise under the former government as a 'full-blown cost-of-living crisis'. Since then, Labor have failed to deliver a plan to deal with rising inflation, and the cash rate has risen eight times in eight consecutive meetings of the RBA. If one rate rise was a crisis in May, how would the Prime Minister describe the eight rate rises since? Why do Australian families always pay more under Labor?

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