House debates

Wednesday, 29 September 2010

Questions without Notice

Economy

2:59 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I withdraw, Mr Speaker. Standard and Poor’s in a recent report have talked about how strong the government finances are, and they have certainly given our consolidation a very significant tick. You have also seen the Governor of the Reserve Bank completely repudiate the claim that is made by those opposite frequently, which is that government debt is pushing up interest rates. That is also false and deceptive. If I could just quote—

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