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

The RBA are responsible for their inflation forecasts, and the inflation forecasts that they released in May 2024 were, from memory, a week before the budget was handed down. The Treasury forecasts had the benefit of the measures that had been agreed by the government in terms of formulating the measure. Outside of that, the forecasts between the RBA and the Treasury are, as I said, quite similar. And I think all of us in this place should be working to make sure inflation comes back to band as soon as possible, because that impacts households.

Those opposite have not come up with one idea of something they would not spend on in this budget that would have an impact, certainly in the next financial year, whilst they criticise it. So, you can go out and criticise everything the government is doing, but you haven't come up with one suggestion or one plan about how that might be achieved. (Time expired)