Ted O'Brien (Fairfax, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question goes to the Prime Minister, and it follows the Treasurer's earlier remarks about today's RBA statement. What the Treasurer didn't reveal about that statement is the RBA's forecast for headline inflation to peak at 3.7 per cent in the middle of next year—well above the target band—and not to return to the band until 2027. My question to the Prime Minister is: given the government's spending is running four times faster than the economy, isn't it time to rein the Treasurer in to stop his spending spree?

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