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

Thank you, Mr Speaker. I was referring to the gentleman he quoted, and I was referring to the Reserve Bank governor, and that's why I was being relevant to his question. As the Prime Minister reminded the House a moment ago, this was the view of the Reserve Bank governor on Friday:

… public demand's contribution … has declined … And we were surprised in the first half of 2025 that it declined as much as it did. And we have been surprised in the latter part of 2025 by … private demand, on the upside. They are facts.

That's what Governor Bullock actually said.

The more divided they get, the more dishonest and the more desperate they get over there. I saw Senator Hume say this morning that they had to reach for the rabbit, in her words. Well, there he is over there! That three-ring circus has already got a clown, and now it's got a bunny as well. They are the two reasons why nobody takes them seriously on the economy anymore.

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