Senate debates

Thursday, 15 August 2024

Questions without Notice

Cost of Living

2:04 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source

Minister, overnight data from the United States revealed that inflation has eased in the world's largest economy to 2.9 per cent for the year, the lowest rate in roughly three years and locking in a likely rate cut from the Federal Reserve. Minister, how long will Australians have to wait for a rate cut and an inflation figure below three per cent?

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