House debates

Wednesday, 27 November 2024

Questions without Notice

Economy

2:56 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I am talking about where core inflation was today and comparing it with what we inherited. I went straight to the question of core inflation when I was asked the question. The fact is that monthly inflation is around a third of what we inherited at the election and around a quarter of its peak. The last quarterly figures show that we are getting things done in the right direction. We are doing that by producing two budget surpluses in a row and by having responsible economic management.

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