Andrew McLachlan (SA, Deputy-President) Share this | Hansard source

I inform the Senate that the President has received the following letter, dated 6 March, from Senator McKim:

Pursuant to standing order 75, I give notice that today the Australian Greens propose to move "That, in the opinion of the Senate, the following is a matter of urgency:

Given the RBA's admission that between half and three-quarters of the increase in inflation is a result of supply shocks and that monetary policy can do very little to offset supply shocks, the RBA should not raise interest rates and the government must act to address inflation and the cost of living crisis, including by introducing a national freeze on rents".

Is the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

I understand that informal arrangements have been made to allocate specific times to each of the speakers in today's debate. With the concurrence of the Senate, I shall ask the clerks to set the clock accordingly.