Jim Chalmers (Rankin, Australian Labor Party, Treasurer) | Hansard source

Those opposite may not care about the wellbeing of our people and our communities, but we do. As the wellbeing framework that I released, Australia's first ever national wellbeing framework, acknowledged in the report—if the member had actually taken the time to read it—people are under the pump. One of the reasons why people are under additional pressure is that interest rates started going up before the election and continued after the election, for all of the reasons that intelligent people in this parliament are aware of. So he can ask all the questions he likes. It takes quite a bit of effort to get him out of his hole and ask a question. I think he's asked one question about the budget in the months since the budget was handed down, so I am happy to take his questions.

When it comes to the cost of living more broadly, he asked me about the pressure on Australian families from higher interest rates and inflation, which peaked in quarterly terms on their watch, and the global economic uncertainty that we are seeing. One of the reasons why this is the least coherent, least convincing and least credible opposition on the economy in living memory is that it took them 80 days to tell us how much their budget reply cost. Phileas Fogg got around the world in 80 days. It took 80 days for those opposite to tell us how much their policies would cost.

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