House debates

Wednesday, 11 September 2024

Questions without Notice

Economy

2:29 pm

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

My question as to the Treasurer. Last week the Treasurer accused the RBA of 'smashing' the economy. Former RBA board member Graham Kraehe said:

For the treasurer to then be coming out and saying, 'Well, this is the Reserve Bank's fault.' I don't think another serious economist in the country … would agree with that …'

With falling disposable income and sticky high inflation hurting households, why is this government fighting the Reserve Bank while Australian families are going backwards?

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