House debates

Tuesday, 1 August 2023

Questions without Notice

Interest Rates

2:49 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

I don't know where to begin with that point of order, Mr Speaker, so I'll leave it be. When the shadow Treasurer came up with his pre-scripted point of order, I was explaining to him—because he clearly doesn't understand—that the inflation challenge in our economy has been present for some time. That's why rolling out billions of dollars in cost-of-living help is the No. 1 priority of this government. We've got an inflation challenge. It's the reason why we've got a bigger surplus, taking the pressure off inflation. It's why we're investing in the supply side challenges in our economy. We are cleaning up the mess that they left behind after a wasted decade of missed opportunities— (Time expired)

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