House debates

Monday, 9 September 2024

Questions without Notice

Economy

2:01 pm

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

Those opposite were desperate for the economy to go into recession. They desperately want higher interest rates. They desperately want higher inflation. They desperately want the economy to go backwards, because it serves their political purposes. And they hope that, if we go into recession, nobody will notice that we're in the third year of a three-year parliamentary term and they still don't have any credible or costed economic policies. They still won't come clean to the Australian people on what their $315 billion in cuts means for Medicare—

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