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

To return to points raised by those opposite earlier today, there is this assumption that you cannot prosecute a strategy dealing with the long-term challenges of inflation at the same time as prosecuting a strategy which deals with the long-term challenges of employment. Those opposite seem to think that you can have one or the other. We believe we can prosecute a strategy for the long term which deals with the inflation challenges for the economy as well as the challenges for employment, education, skills and training. And that is very much at the heart of the government’s economic strategy.

I am surprised, however, given the Leader of the Opposition’s intervention in this debate today on interest rates, that we have a further evolution of the Nelson doctrine from yesterday. The Nelson doctrine yesterday I thought was a pretty remarkable one. It said essentially this: that, on the question of interest rates, Brendan will say one thing in opposition but—

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