Mitch Fifield (Victoria, Liberal Party) Share this | Hansard source

Labor have been hoping for this day. You can imagine how excited they were flying to Canberra on Sunday night thinking to themselves, ‘Only two more sleeps to the RBA board meeting.’ You can imagine how excited they were when they woke up this morning: ‘Only a few hours until 9.30 am when the RBA will announce its decision.’ The sad truth is that Labor have been athinkin’ and awishin’ and ahopin’ and aprayin’ for this rate hike. They could barely contain their excitement. Mr Beazley was out there yesterday with his billboard. Labor have already released their TV ads. They popped their MPI in before the RBA had even issued its release. They were just that keen. But let me pose a question: what has the Labor Party done in opposition to help create a low interest rate environment? What has the Labor Party done in opposition to help take pressure off interest rates?