Senate debates

Thursday, 27 June 2024

Questions without Notice

Economy

2:39 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

I think that's the same as a question that was answered earlier by Senator Gallagher. As she pointed out, we don't speculate on interest rate increases or interest rate movements. Decisions on that are made by the independent Reserve Bank. I do think it's interesting—isn't it, colleagues?—how much those opposite are barracking for an interest rate increase. If you ever want to see an example of the way in which the coalition are always happy to look at their own political interests, this is it.

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