House debates

Monday, 1 September 2008

Questions without Notice

Interest Rates

2:18 pm

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

Yes, Mr Speaker. The Rudd government is dealing with the most complex set of global economic circumstances in over 25 years. And on top of that we have inflation at 16-year highs, bequeathed to the people of Australia by those opposite. And we are doing everything in our power to put downward pressure on inflation and everything in our power to give the Reserve Bank room to move something which would not have happened if those opposite were on the front bench today.

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