Jim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

To pick up the bizarre logic of the shadow Treasurer: first of all, obviously, a net additional spend of $10 billion this year is not the primary determinant of prices in a $2.6 trillion economy. I shouldn't have to explain that to the shadow Treasurer. But, even if we accepted that point, by the shadow Treasurer's bizarre logic about that $10 billion additional spend, which is a fraction of the additional spend that they had in 2022, he is taking responsibility. When inflation was higher and rising faster, those opposite spent more in their last budget.

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