Senate debates

Wednesday, 6 September 2023

Questions without Notice

Economy

2:12 pm

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

Thank you, Senator Payman, for that question. We do, of course, acknowledge the decision taken by the Reserve Bank yesterday to keep interest rates on hold. But we understand that people still remain under pressure with the impact of interest rate increases that started under your watch, I would say, in the quarter where we saw inflation at the highest level. Remember that? You guys have a very, very bad case of selective memory loss.

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