Senate debates

Thursday, 27 June 2024

Questions without Notice

Cost of Living

2:14 pm

Photo of Michaelia CashMichaelia Cash (WA, Liberal Party, Shadow Minister for Employment and Workplace Relations) Share this | Hansard source

Deutsche Bank chief economist Phil O'Donoghue said yesterday:

Underlying inflation is intolerably high in Australia. In fact, Australia is the only G10 country where underlying inflation has increased since December.

If the government's budget is working to put downward pressure on inflation, as you continue to claim, why is Australia the only G10 country that has seen a rise in inflation since December?

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