House debates

Tuesday, 2 September 2008

Questions without Notice

Interest Rates

2:37 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

In my answer to the question earlier on about inflation and employment, I responded with what the government’s strategy was in respect of both those propositions. On the question of the relationship between inflation and interest rates, that is what I am going to. We have spoken already about the government’s strategy for creating an environment to bring down inflationary pressures so that the Reserve Bank has more room to bring down interest rates, and I am contrasting that with the position adopted by the Leader of the Opposition. The Nelson doctrine yesterday—

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