Senate debates

Thursday, 22 August 2024

Questions without Notice

Economy

3:00 pm

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

I would again remind the Leader of the Opposition in the Senate that inflation is less than half its peak and certainly much lower than we inherited from him and other members of the former government. Those of us on this side understand acutely that Australians are doing it tough. We know the pressures that Australians are under, and of course inflation is still higher than we would like and is proving to be much stickier than we would like. We all understand that, which is why so much of the work that we have been doing has been focused on how it is we go about trying to alleviate some of that cost-of-living pressure where we can, without adding to inflation.

I, for one, find it really interesting that the opposition come in here and say to us: 'Oh, it's really bad this cost-of-living issue. What are you doing about it?' (Time expired)

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