Senate debates

Wednesday, 27 March 2024

Questions without Notice

Economy

2:08 pm

Photo of Louise PrattLouise Pratt (WA, Australian Labor Party) Share this | Hansard source

My question is to the Minister for Finance, Senator Gallagher. Today's monthly consumer price index indicator shows inflation remains steady at 3.4 per cent in the year to February 2024. So, Minister, this number demonstrates that the government are making progress in our fight against inflation. Can the minister please outline to the Senate why these numbers are an important marker of how our economy is tracking? How will the numbers factor into considerations that you and the government are undertaking as you finalise the May budget?

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