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

My question goes to the Treasurer. The RBA governor explained yesterday's decision to raise interest rates, saying this:

… we work with aggregate demand …

and, 'We're seeing aggregate demand, public and private, push up against the limits of growth.' Note her referencing of 'public'. Yet the Treasurer told the House yesterday government spending was 'not a factor' in the decision they took, and he peddled the same story today. Is the Treasurer suggesting the governor was wrong?

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