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

What is extraordinary when it comes to the issue of inflation is that the shadow Treasurer had this to say in February 2023 with the catastrophising that they go on with over there: 'There are ominous signs Australia is hurtling towards another era of stagflation.' That follows the comments of the Leader of the Opposition in June 2022. Think about the timing of that; it's after the election but before any of our first budgets. He said this: 'Australia is set to lose its AAA credit rating because of spiralling debt and deficits.' That's what he had to say. But that's a deficit in your forward estimates. It was in June 2022.

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