House debates

Thursday, 27 June 2024

Questions without Notice

Economy

2:21 pm

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

My question is to the Treasurer. Labor's homegrown inflation has increased for four months in a row, in stark contrast to peer countries. Markets and leading economists don't see any rate cuts coming in the next 12 months and, worse, now see a rate rise in August as a real risk. Three failed budgets have left the Reserve Bank doing all the heavy lifting, and there is no relief in sight for struggling families. When will this Treasurer cut the spin and take responsibility for his failed budgets?

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