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

The shadow Treasurer likes to talk about the G7; he thinks we are a member. But when you have a look at the G7 countries and you compare us with them—the fact is I am asked about food—of the G7 countries, this is where they are at: Canada, 10.5; France, 15.6; Germany, 20.4; Italy, 13; UK, 18.1; United States, 9.9. Every single one of those countries has higher food inflation than Australia. You can't be more specific than this. For every single one, Australia's performance has been better.

I note that, at the National Press Club, the shadow Treasurer was asked why inflation was something that was out of the coalition's control but is now, as you say, able to be controlled by Labor, especially given the war in Ukraine is still going. His answer said it all. 'The key to answering that question is that we're not in government; Labor is now.' It says it all about this lightweight shadow Treasurer.

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