House debates

Wednesday, 12 May 2021

Questions without Notice

Budget

2:15 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

The budget papers are tabled, and they're there for all members to be able to note. I refer the member to the Treasurer's response to this matter when it was raised earlier. We came off a year last year where inflation was negative, and we've moved into a year where we've seen prices adjust in the following year, so it's not surprising, if those opposite think that inflation is going to be running at over three per cent, then they would be expecting interest rates to rise as well. We all know from the Governor of the Reserve Bank that that is not what he has got planned in his public statements.

Mr Albanese interjecting

The Leader of the Opposition may seek to delve into these things, but what he doesn't appreciate and doesn't understand—for a Leader of the Opposition to have spent so much time in this parliament, so much time here, and to have so little experience in understanding—

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