House debates

Wednesday, 15 October 2008

Questions without Notice

Economy

2:21 pm

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

The Leader of the Opposition in his question just now referred to my earlier answer which referred to the world economic outlook data provided by the IMF, and that contained within it the downward revisions in growth which we referred to before. Furthermore, on top of the international data to which I referred before, I would draw the honourable member’s attention to the statement by the Reserve Bank of last Tuesday, when they undertook a 100-basis-point cut. It is worth reflecting on this, because it is in the public domain—

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