Angus Taylor (Hume, Liberal Party, Shadow Treasurer) Share this | Link to this | Hansard source

My question is to the Prime Minister. We've now seen eight consecutive interest rate rises under this government. Yesterday on Sky News the Assistant Treasurer said about these rises: 'What's already in the system should do the job.' But the RBA governor says 'further increases in interest rates will be needed over the months ahead'. Prime Minister, who is right: the Assistant Treasurer or the RBA governor? Why do Australian families always pay more under Labor?

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

I thank the shadow Treasurer for his question, but I do express some disappointment on behalf of the Treasurer for the impossibility there is of him getting a question. I do raise this issue just to encourage those opposite to give the Treasurer a crack. Angus Taylor, the shadow Treasurer, in his own words, said in September:

It is very clear that the world has changed dramatically even in the past few months … We've seen a rapid shift to an inflationary environment. Interest rates are bucking decades of downward trends.

On that occasion, in that particular opinion piece in the Australian, the shadow Treasurer—perhaps for the first time since he entered this chamber all those years ago—has got one thing right.