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

I'm going to take a bit of a punt on the fact that Senator Paterson is quoting selectively and has crafted that question himself. The government's expectations for inflation are outlined in the Treasurer's statement that he made in July—that is, that we would see inflation peak at 7¾ per cent in the December quarter. That is the government's position on inflation, and I think it aligns with the RBA's.