House debates Questions without Notice

Interest Rates

Tuesday, 8 November 2022 House of Representatives

Jim Chalmers

Jim Chalmers Rankin, Australian Labor Party, Treasurer

2:33 pm

I thank the shadow Treasurer for a very rare and particularly bad question because, as everybody else in this House knows, interest rates started going up on their watch. For a range of reasons, interest rates started going up from the extraordinary lows that they were at—0.1 per cent—and they're currently at 2.85 per cent—

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