Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

Mr President, I ask a supplementary question. Given the red book advice from Treasury that the government needs to do more to tighten fiscal policy to reduce, and I quote again, ‘the size of the required increases in interest rates and the exchange rate’, when does the government intend to act on this advice? Have any further spending cuts been identified since the election to take pressure off interest rates?