House debates Questions without Notice

Interest Rates

Tuesday, 3 May 2016 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

2:35 pm

My question is to the Prime Minister. When the Reserve Bank cut interest rates in 2013 from 2.75 per cent to 2.5 per cent, the member for Warringah said it was because the Reserve Bank had concerns about the state of the economy. Prime Minister, given that a few moments ago the Reserve Bank cut interest rates to 1.75 per cent, does the Prime Minister agree with the assessment of the member for Warringah?

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