Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

Those opposite seem to be shocked by the fact that, during a recession that occurred under their watch, what central banks did, not just in Australia but around the world, was lower interest rates in order to stimulate demand in the economy. That's what occurred under their watch. But they seem oblivious to any of that. They seem oblivious to the fact the interest rates were higher when John Howard was in government and when the person who asked the question actually occupied a position as Assistant Treasurer. I don't blame him personally for the fact that interest rates were higher when he was Assistant Treasurer than what they are now, but that is an actual fact and should be cause for some reflection from the Leader of the Opposition.

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