House debates

Monday, 14 September 2009

Questions without Notice

Economy

3:12 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to recent comments by the respected economist and Reserve Bank board member Warwick McKibbin. Professor McKibbin said that he stands by his testimony to the Senate earlier in the year that the government’s stimulus package was, and I quote, ‘too big and wrongly focused’ and he says that now is the time to step back and reassess the situation. Will the Prime Minister explain to the House why he will not heed these warnings, reduce his reckless spending and ease the upward pressure on interest rates?

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