House debates

Wednesday, 14 June 2023

Questions without Notice

Budget

2:09 pm

Photo of Angus TaylorAngus Taylor (Hume, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Prime Minister. The budget highlighted the expectation that interest rates would stay at 3.85 per cent until early 2024 and then fall. Following an 11th rate rise under this government, rates are now at 4.1 per cent. Prime Minister, why did the budget fail within a month?

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