House debates

Monday, 17 March 2008

Questions without Notice

Economy

2:44 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Treasurer. I refer to the answer he gave just a moment ago in which he discussed the speech made by the Gov-ernor of the Reserve Bank of Australia last week. He described that speech as a com-prehensive speech about inflation—and so it was. How does the Treasurer explain that the governor, in this comprehensive discussion of inflation and its causes, did not refer to any of the Treasurer’s claimed causes of inflation, such as a chronic skills crisis and infrastructure bottlenecks, let alone the reckless spending of the previous government? Who is right: the Treasurer or the governor?

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