House debates Questions without Notice

Economy

Wednesday, 29 March 2023 House of Representatives

Jim Chalmers

Jim Chalmers Rankin, Australian Labor Party, Treasurer

2:41 pm

The question was inflation—the worst quarter for inflation was the March quarter last year when the member for Dickson was a member of the Expenditure Review Committee in the Morrison government. He can't hide from that. Australians understand that a lot of these inflationary pressures come at us from around the world but some of them are homegrown as well, and a decade of economic mismanagement has made people more vulnerable to these shocks. This is why we are working, in a methodical and responsible way, to put together a budget that takes some of the pressure off people who are dealing with cost-of-living pressures, even as inflation moderates in our economy in welcome ways.

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