House debates Questions without Notice

Taxation

Wednesday, 28 September 2022 House of Representatives

Anthony Albanese

Anthony Albanese Grayndler, Australian Labor Party, Prime Minister

2:30 pm

And, talking about cost of living, I'm about to quote the shadow Treasurer about inflation, which has something to do with the cost of living. And here's the shadow Treasurer. Now, I read this overnight—you know, you're trying to stay awake, reading the shadow Treasurer's speeches. Now, here it is:

Growing up on a farm, my dad—a farmer—explained in agricultural terms: Inflation is more money but the same number of cows.

That was his great explanation!

The price of a cow goes up, along with the price of everything else.

…

I got it straight away, and I've never forgotten.

Opposition members interjecting—

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