Senate debates

Wednesday, 16 October 2019

Questions without Notice

Economy

2:14 pm

Photo of Malarndirri McCarthyMalarndirri McCarthy (NT, Australian Labor Party) Share this | Hansard source

Former Liberal Treasurer Peter Costello has warned:

… we are running a monetary policy that can only be described as being at emergency levels.

Given that Mr Costello is the second former Liberal Treasurer to describe current interest rates as being at emergency levels, how much longer will it be before the government finally takes action to support the economy?

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