House debates

Thursday, 16 May 2024

Questions without Notice

Budget

3:16 pm

Photo of Zoe McKenzieZoe McKenzie (Flinders, Liberal Party) Share this | Hansard source

My question is to the Prime Minister. S&P Global has said that the additional cost-of-living measures in the budget are inflationary. The Reserve Bank of Australia governor has warned that it is very uncertain inflation will return to target in the next two years and it's too early to declare victory over inflation. Former RBA member Warwick McKibbin says that claiming taxpayer funded electricity and rental bill relief are an antidote to high inflation is a political trick that will not address economic pressures. Why are Australians paying the price for the Prime Minister's wrong priorities and bad decisions?

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