House debates

Thursday, 14 February 2008

Matters of Public Importance

Economy

3:53 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

All of this is threatened by an inflation problem which we accepted responsibility for on day one. As I said in the House the other day, we accept responsibility for dealing with this problem. But why don’t you just have the common decency to accept some responsibility for causing it? The notion that inflation just suddenly jumped out of the bottle in the last six months shows how out of touch the opposition is. If you have been out there doing the shopping or going to a childcare centre, if you have been out there paying your bills, you will know that inflation has been elevated for some time. What is the history of this? Why has he started to redefine the figures? Because the member for Wentworth is so acutely embarrassed by this fact.

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