Senate debates

Wednesday, 3 July 2024

Questions without Notice

Budget

2:03 pm

Photo of Perin DaveyPerin Davey (NSW, National Party, Shadow Minister for Water) Share this | Hansard source

The RBA minutes also revealed:

Members acknowledged that if inflation expectations were to rise materially from current levels, it could require significantly higher interest rates to bring inflation back to target …

With the latest monthly data showing headline inflation accelerating to its highest rate in six months, isn't it true that the Albanese government's latest budget has only made the RBA's job harder?

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