Andrew McLachlan (SA, Deputy-President) Share this | Hansard source

Senator McKim has submitted a proposal under standing order 75 today:

That, in the opinion of the Senate, the following is a matter of urgency:

The need for the Government to stop letting the Reserve Bank of Australia smash the economy, renters and mortgage holders, and to instead use and retain its power to overrule monetary policy decisions of the Reserve Bank, and to directly tackle the causes of inflation by stopping price gouging, capping rent increases and making big corporations pay their fair share of tax.

Is the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

With the concurrence of the Senate, the clerks will set the clock in line with the informal arrangements made by the whips.