Senate debates

Thursday, 4 July 2024

Questions without Notice

Cost of Living

2:25 pm

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

I will not be talking about the job of the independent Reserve Bank. What I would say is that the only people who are barracking for an interest rate increase are those opposite, because they always put self-interest above the national interest. In relation to the fiscal policy, I would remind those opposite that we are on track to return a second surplus. They simply had to return some 'back in black' mugs.

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