Senate debates
Monday, 19 August 2024
Questions without Notice
Infrastructure
2:38 pm
Bridget McKenzie (Victoria, National Party, Shadow Minister for Infrastructure, Transport and Regional Development) Share this | Hansard source
The Reserve Bank's monetary decision to hold interest rates on 6 August recognised continued strong demand in the economy, and the governor revised up demand growth forecasts 'due to stronger forecast public spending'. That is both your government and Labor state governments. Given the impacts of state Labor debt and borrowing on the national economy, why haven't you, the Treasurer or the Prime Minister had the hard discussion with the states about the ramifications of their profligacy and asked them to rein in spending? (Time expired)
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