James McGrath (Queensland, Liberal National Party, Shadow Assistant Minister to the Leader of the Opposition) Share this | Hansard source

I will start by reading a quote from the very eminent economist Chris Richardson. He said yesterday: 'My big ask of the budget was that it didn't poke the inflationary bear. I don't think it passed that test.' Not only did it poke the bear but it gave the bear a giant wedgie, it gave the bear a big blow of a trumpet in its ear and then it nicked the bear's honey—$315 billion worth of honey! That's the amount of money that this government is pumping into the economy, driving up the inflation rate. Labor don't understand basic economics.