Nick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

I refer Senator Wong to the Reserve Bank statement, where they make the point that a strong world economy, significant demand for commodities, the high level of commodity prices from which Australia is benefiting and domestic demand being very strong are signs of a very strong economy. If you want to maintain a strong economy and maintain prosperity, from time to time it is important to put your foot on the brake, to touch the brakes, to ensure that the economy does remain on track to continue to deliver the real wage increases that we have delivered for Australian people against a low inflation and low unemployment environment.