House debates

Wednesday, 24 June 2026

Questions without Notice

Economy

2:09 pm

Photo of Tim WilsonTim Wilson (Goldstein, Liberal Party, Shadow Treasurer) | Hansard source

My question is to the Prime Minister. Core inflation has risen from three per cent to 3.6 per cent over the last year. Under this Treasurer, interest rates have gone up 15 times, increasing the cost of a typical new mortgage by $30,000 a year. Following the Treasurer's failed budget of broken promises and higher taxes, was the Treasurer's promise that 'inflation has turned the corner' a further broken promise, or is it just due to economic incompetence?

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