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

The government isn't contradicting the RBA. I've read the governor's statement on the monetary policy decision, and it's very clear that the Reserve Bank is making decisions about how to deal with the inflation challenge and how to return inflation to more normal levels. It's a challenge not only for the Reserve Bank but for the government as well.

Of course, the bank needs to make these decisions independent of any influence. We have total and utter trust in them making the decisions that they need to make to ensure that inflation doesn't remain high for longer. And they are saying that they are seeing inflation moderating. The challenge for the government in working with the Reserve Bank and not against it is to make sure that the decisions we take are supportive and work alongside monetary policy and not against it, which is why the decisions we're taking in the budget are informed by that, dealing— (Time expired)