House debates

Tuesday, 18 March 2008

Questions without Notice

Economy

2:32 pm

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

I thank the member for his question. No, I do not regret it for one moment. It is not more reliable than the CPI. It is not more reliable than the Reserve Bank’s underlying rate of inflation. It is not as reliable as the Reserve Bank’s underlying rate of inflation. That is the situation in economics.

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