Graham Perrett (Moreton, Australian Labor Party) Share this | Hansard source

I'm happy to rise to speak on this matter of public importance. It was put forward by the member for Bradfield, for those playing along at home. Then there was a great response from the member for Kingsford Smith to the suggestion of 11 rate rises. He didn't mention 12 rate rises; he mentioned 11 rate rises. The member for Kingsford Smith, who I know is a little bit unhappy after the Dragons beat his team on the weekend, put forward a great response. Then came the member for Moncrieff, who didn't hear anything that the member for Kingsford Smith put out there in terms of how we're addressing cost-of-living issues.

This MPI put forward by the member for Bradfield is a little bit disingenuous, really, because it's that deliberate great big fear campaign that has been the No. 1 strategy of the Liberal and National parties since they got into opposition. This MPI is all about conflating monetary policy and the independent Reserve Bank—I don't think the Reserve Bank governor sits in the Labor caucus—

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