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

What we are doing is rolling out our cost-of-living relief, most of which you opposed; getting the budget in better shape, again fixing the mess that we inherited from you; finding real savings and banking revenue; and delivering a surplus. Remember, you printed the mugs. We actually delivered one. You had the 'Back in Black' mugs that had to get secretly put to one side and hushed up and put away very quickly. We actually delivered the first surplus in 15 years. These are all things that materially help put downward pressure on inflation. As the ABS data showed last month, our measures, which you voted against, actually took ½ per cent off CPI for that quarter. That is what we are doing. We are working in line with the bank to get inflation back towards its target rate.