Penny Wong (SA, Australian Labor Party, Shadow Minister for Corporate Governance and Responsibility) Share this | Hansard source

Mr President, I ask a supplementary question. I again refer the minister to his May 2005 statement, and I ask him why it is that the Howard government is happy to claim responsibility for interest rates when they do not go up but runs away from any responsibility when interest rates rise. Hasn’t this latest interest rate rise been signed, sealed and delivered by the Howard government’s failure to manage inflation?