House debates
Thursday, 30 May 2024
Statements by Members
Labor Government
1:48 pm
Simon Kennedy (Cook, Liberal Party) Share this | Hansard source
Middle Australia is being let down by this government. This government is out of control and has lost the plot. They've lost the plot on the economy, they've lost the plot on housing and they've lost the plot on the borders.
On the economy, yesterday we learnt that inflation is up, to 3.6 per cent. Today the RBA economist says it's clearly strong, despite what you said in the budget. When inflation is strong, interest rates will not come down and the average Australian will be crushed. While the economy is crashing, house prices certainly aren't. They have gone up 10 per cent in Sydney in the last year alone. The government has totally lost the plot on housing. While these house prices were skyrocketing, the government also lost control of immigration. Australia's population is now growing faster—
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