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

I was asked about food inflation and am pointing out that food inflation is currently half what it was when we came to office. That is another reminder that, although Australians are still under pressure, the inflation numbers have been substantially lower and now are in a sustained way. I know they don't like to hear that. I don't think I've ever seen anyone as unhappy as the shadow Treasurer on the day last week when inflation came down again in the bottom half of the Reserve Bank's target band. If they are unhappy about the levels of inflation right now, as we are—and we're working to get inflation down—then they must be absolutely furious at their own performance in office, which delivered inflation multiples of what it is right now.

So this question is another welcome opportunity to remind people that, when cost-of-living help was being provided by this side of the House, those opposite opposed it. That means that Australians would have been thousands of dollars worse off if this opposition leader had his way and they'll be even more worse off if he wins.

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