Julia Gillard (Lalor, Australian Labor Party, Deputy Prime Minister) Share this | Hansard source

On the question of where we are with the Australian economy and how that pertains to unemployment and inflation, it is clear and has been made clear by the Prime Minister and the Treasurer. Obviously, the Australian economy is not immune from global economic circumstances. They are feeding in domestically. They are certainly feeding in in terms of a slowdown in the economy. Secondly, of course, the economy is bearing the burden of 10 consecutive interest rate rises under the previous government.

See this speech in context