Senate debates

Tuesday, 2 August 2022

Questions without Notice

Interest Rates

2:38 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I thank Senator Bilyk for the supplementary. Australians know that problems like high and rising inflation have been made worse by a decade of wasted opportunities and the wrong priorities of those opposite. The Albanese government's economic plan is a direct response to the economic challenges that we face right now: responsible cost-of-living relief; cheaper child care; cheaper medicines; addressing the supply-side inflationary challenges and taking the speed limit off the economy by investing in skills and productivity; cleaner and cheaper energy—get that one, Senator Henderson; getting wages moving again; and beginning the very difficult work of budget repair so that the trillion dollars of Liberal debt doesn't grow bigger and bigger for generations to come.

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