House debates

Monday, 20 March 2023

Questions without Notice

Interest Rates

2:26 pm

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

This is what the shadow finance minister had to say not a long time ago—in fact, last week:

We know the pressures that the international situation and supply chains are putting on inflation and … subsequently interest rates.

So, in the other place, they've actually got an economic spokesperson who understands that supply chains apparently have an impact and understands the international situation. But of course that's consistent with what the Leader of the Opposition said in May:

… nobody wants to see interest rates go up, but it's a reality of a world where there's inflation.

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