House debates

Tuesday, 13 August 2024

Questions without Notice

Economy

2:08 pm

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

Prime Minister, after three failed budgets Labor has added $315 billion of spending—over $30,000 per household. Last week the RBA governor linked demand to inflation and said, 'We've revised up our forecast for demand growth, and that's due to stronger forecast public spending.' This Prime Minister promised to reduce the cost of living, but the RBA says his decisions are pushing up the cost of living. Why does this tricky Prime Minister repeatedly promise one thing and then do another?

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