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

That's why I addressed upfront the issue of core inflation. I pointed out that it was lower than what we inherited. The new numbers today show that monthly inflation is around one-third of what we inherited at the election and around one-quarter of its peak. It's another encouraging sign that our policies are helping to get inflation down.

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