Senate debates
Thursday, 16 May 2024
Questions without Notice
Budget
2:06 pm
Jane Hume (Victoria, Liberal Party, Shadow Minister for the Public Service) Share this | Hansard source
Paul Bloxham, the chief economist at HSBC, said of this government's budget:
We expect some of this additional income will be spent, supporting consumer demand and adding to inflation.
Stephen Halmarick, of CBA, said:
The risk is now more real the first interest rate cut could be delayed …
Do you disagree, Minister, with independent economists of every stripe that have said that your budget is simply going to mean that interest rates stay higher for longer?
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