Perin Davey (NSW, National Party, Shadow Minister for Water) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Gallagher. After three budgets, Labor has added $315 billion of spending, adding fuel to the inflationary fire. Analysis by Deloitte says the result is a relatively large increase in government spending over the next four years, potentially putting further upward pressure on inflation. Ratings agency Standard & Poor's have confirmed that the result of this year's budget is almost no chance of an interest rate cut for struggling families this year. Will the minister admit that Australian families face higher interest rates for longer because of Labor's bad decisions and wrong priorities?