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

I thank the member for her question. Indeed, it goes to cost of living, and it goes to inflation. What we know is that inflation is now at 2.4 per cent, less than in the bottom half of what the Reserve Bank range of two to three per cent—their target range—is. We know that, when we were elected, it had a six in front of it. Of course, the price of all goods and services feed into those inflationary figures. We know, as well, that the underlying rate is down to 3.2 per cent.

We know, as well, that the response of those opposite has been to have never been more upset than when inflation was going down. They went out there and—

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