Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

Thanks, Mr Speaker. We know that there are inflationary pressures in the economy, and that is what interest rates are related to—inflation. There's a relationship between the two. I would have thought that was pretty obvious. That is what the evidence today has said.

That is why we have put in place our three-part plan of relief, repair and restraint, making sure that we provide relief, that we provide repair to issues like supply chains and the skills crisis, and also that we have restraint when it comes to fiscal policy so that fiscal policy is working in concert with monetary policy. That is the plan that we are putting forward, a plant that is constructive, a plant that is positive. Those opposite have nothing to say except one word, 'No,' to everything that is put forward.

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