House debates

Wednesday, 3 July 2024

Questions without Notice

Inflation

2:07 pm

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

My question is to the Prime Minister. After three failed budgets, the Prime Minister has failed to tackle and beat inflation. Respected economist Chris Richardson has said: 'Governments have abandoned the field in the inflation fight. We are fighting the inflation fight one-handed,' and, 'Mortgage relief is a very, very long way away.' When will the Prime Minister admit his $315 billion spending spree is driving homegrown inflation and threatening further interest rate increases into the future?

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