Kim Beazley (Brand, Australian Labor Party, Leader of the Opposition) Share this | Link to this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to the history summit being held in Canberra today and the importance of teaching pivotal facts. Given the Prime Minister is so interested in history, when interest rates hit 21.39 per cent in 1982, who was Treasurer?

John Howard (Bennelong, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

Well, Mr Speaker, I tell you what—

Opposition Members:

Opposition members interjecting—

Arch Bevis (Brisbane, Australian Labor Party, Shadow Minister for Aviation and Transport Security) Share this | Link to this | Hansard source

Mr Bevis interjecting

David Hawker (Speaker) Share this | Link to this | Hansard source

Order! The member for Brisbane is warned!

Julia Gillard (Lalor, Australian Labor Party, Shadow Minister for Health and Manager of Opposition Business in the House) Share this | Link to this | Hansard source

Ms Gillard interjecting

David Hawker (Speaker) Share this | Link to this | Hansard source

The Manager of Opposition Business is warned too. The level of interjection is far too high. I call the Prime Minister.

John Howard (Bennelong, Liberal Party, Prime Minister) Share this | Link to this | Hansard source

Mr Speaker, I tell you what, it was not the bloke who was Treasurer when the overnight rate hit about 23 per cent in 1973.