Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

My goodness, Mr Speaker. The shadow Treasurer, of course, had coverage of the nuclear policy that was going to cost $600 billion and deliver something in the 2040s. He was so good at that that they've now put him in charge of their economic plans.

What he came up with then was the revelation that there was this thing called COVID that flattened economies globally, that led to a cash rate of 0.1 per cent, that led to interest rates around the world declining, throughout every advanced economy, and that led to emergency measures, supported by the opposition, with me as leader, being responsible and backing measures, including to keep people in work—unlike what they would have done, each and every day—and he has the hide to ask: why isn't everything the same as it was under COVID? That is what he's had to say.

The truth is that, when it comes to interest rates, there have been three decreases this year.

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