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

I thank the Leader of the Opposition for her question. What I can confirm is that, when we came to office, inflation had a six in front of it and was rising. It now has a three in front of it. One of the things that we have managed to do, through the responsible economic management that we have put in place, is to get inflation heading down at the same time as we have kept unemployment low and at the same time as we have seen real wages increase over the last two years. That is what a responsible Labor government does—make sure that we understand cost-of-living pressures, make sure that we understand the need to get inflation down, which is why that decrease in inflation led to three interest rate decreases last year.

Of course, we have seen an uptick in inflation, as we have acknowledged. The work continues to do—the Reserve Bank governor made it clear—

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