House debates

Thursday, 23 March 2023

Questions without Notice

Energy

2:08 pm

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

Thanks, Mr Speaker. Philip Lowe, the RBA governor, said this about the impact, on an ongoing basis, of Russia's invasion of Ukraine: 'The high inflation that we're currently experiencing is one of the legacies of the pandemic and of Russia's invasion of Ukraine.' That is what Philip Lowe said. That's what everyone here knows is a fact. Those opposite pretend that that hasn't been the case. This has had a global impact on energy prices. We are not immune to that because of the fact that the opposition's policies led to our exposure. (Time expired)

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