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

I would like to remind those opposite that inflation was over six per cent when we came to government. Interest rates had begun increasing, and inflation now has a three in front of it and is projected to have a two in front of it. So all this rubbish that they go over about how we are exacerbating inflation—we have halved it! The quarter with the highest inflation was under your government. We have been dealing with this every single day since we came to government. We have found savings in the budget. We have delivered two surpluses—well, one and we have another one in sight. The first government to do that—