House debates

Wednesday, 26 June 2024

Questions without Notice

Economy

2:18 pm

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

Core inflation in Australia is high, and it is rising. It is higher than the UK, Canada, New Zealand, the Euro area, the US, Switzerland, Sweden and Norway. In stark contrast to Australia, in all of these economies, core inflation is actually falling. Isn't this another example of this Prime Minister's weak leadership letting Australians down?

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