House debates Questions without Notice

Economy

Tuesday, 18 March 2008 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:32 pm

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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