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

In the Statement on monetary policy: 'Private demand was much stronger than expected.' In the Statement on monetary policy: 'The near term upward revision is driven by private demand.' In the press conference: 'Private demand has turned out to be much stronger than we had been forecasting.' In the Statement on monetary policy: 'The contribution of public demand to year-ended GDP growth has continued to ease in recent quarters.' And that's the point that a number of economists have made. It's a point that I've made. It's not a political opinion. It's not an economic opinion. It's a fact in the national accounts released in recent times.

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