Wayne Swan (Lilley, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is directed to the Treasurer. Does the Treasurer recall making the following comment on 11 May this year about the threat that the skills crisis posed to interest rates:

It really, you know, it’s totally unrelated to monetary policy.

If the Treasurer believes the impact of skills shortages on inflation is totally unrelated to monetary policy, can he explain why the RBA have repeatedly warned about it in quarterly statements on monetary policy?

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