House debates

Monday, 9 September 2024

Questions without Notice

Economy

2:40 pm

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

fight inflation and invest in a future made in Australia and in the future of our economy.

I'm asked about the government's position and the Reserve Bank's position. Honourable members and the public beyond should be aware that the Governor of the Reserve Bank has herself said that we are completely aligned when it comes to the focus on inflation and being concerned about maintaining the gains in the labour market. The governor said on 16 August, 'We are completely aligned on this.' Governor Bullock also said on 5 June:

… I think fiscal policy has been running a surplus for the last couple of years, so I'd say that has been helping the homegrown inflation situation, if anything, in that circumstance.

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