Senate debates
Wednesday, 8 November 2006
Questions without Notice
Interest Rates
2:09 pm
Nick Sherry (Tasmania, Australian Labor Party, Shadow Minister for Banking and Financial Services) Share this | Hansard source
My question is to Senator Minchin, the Minister representing the Prime Minister. Doesn’t the current advert on the Liberal Party website still claim falsely that the Howard government will ‘keep inflation under control’? In its statement today, when increasing interest rates—the eighth increase since May 2002 and the fourth since the 2004 election—didn’t the Reserve Bank directly refer to:
The headline CPI increase has been noticeably larger than this recently—
a reference to underlying inflation of three per cent? Given it is a fact that inflation is continuing to rise, when will the Liberal Party’s website be updated to honestly state ‘Liberal government lost control of inflation’?
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