House debates

Tuesday, 2 September 2008

Questions without Notice

Interest Rates

2:47 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Treasurer. I refer to the statement issued today by the Governor of the Reserve Bank, Glenn Stevens, which states:

… it is looking more likely that household demand will remain subdued and overall economic growth slow over the period ahead.

Is this the slowdown we had to have?

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