House debates

Tuesday, 21 March 2023

Questions without Notice

Economy

2:10 pm

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

What this government has been doing is taking measures to put downward pressure on inflation. The member asked the question about inflation some months ago, when they were in office, and I'd ask them to give consideration as to whether the March budget that they handed down was inflationary or deflationary. Did it contribute more cash into the economy or less cash into the economy? Did it facilitate higher interest rates or lower interest rates? What they did, in the lead-up to an election, when they were so desperate, was promise a whole range of measures that all ended in May. Many of the measures that they put in place ended on 30 June or will end next year on 30 June. Looking at the measures and what we have to deal with, with the challenge going forward—measures such as the amazing work being done by Julie Inman Grant—do we really think that's going to end on 30 June next year? That's when the funding ends. That's the sort of nonsense budget that those opposite put together. That is the nonsense that they put together. (Time expired)

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