House debates Questions without Notice

Budget

Thursday, 11 May 2023 House of Representatives

Sussan Ley

Sussan Ley Farrer, Liberal Party, Shadow Minister for Women

2:29 pm

My question is to the Minister for Aged Care. Economists from Deloitte, Access Economics, UBS, S&P Global Ratings, Betashares and EY have all warned that Labor's high-taxing, big-spending budget will raise inflation, risking further interest rate rises. This morning the minister said, 'This is a budget that will put downward pressure on inflation.' Can the minister explain how the budget will put downward pressure on inflation?

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