Senate debates

Monday, 9 September 2024

Questions without Notice

Economy

2:03 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

There was a lot in that too. I use my own language when I describe the economy and some of the challenge that we're seeing in the economy. I used my own language and, indeed, I have used very similar language to that which the Treasurer used. Obviously, those opposite have been asleep, because it's like they first heard this last week when it appeared on the front page of a daily paper. I used my own language.

It is no secret that growth is weak because interest rates have been lifted. That is the effect. That is factual. That is a point of fact. We have similar objectives to the Reserve Bank. We have different jobs to do but a similar objective: getting inflation back. But our job is also to support households during this time, which is why we've got our cost-of-living relief, which those opposite have opposed.

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