Senate debates

Wednesday, 8 November 2006

Questions without Notice

Interest Rates

2:09 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Shadow Minister for Banking and Financial Services) Share this | Hansard source

Mr President, I ask a supplementary question. Given an almost 10 per cent increase in food prices over the last year to September and the eighth successive increase in interest rates, aren’t Australian families paying the price for your government’s broken promises? With interest rates rising today and pressure on inflation continuing into the future, hasn’t the government lost control of parts of the economy?

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