Senate debates

Wednesday, 8 November 2006

Matters of Public Importance

Inflation and Interest Rates

Photo of Paul CalvertPaul Calvert (President) Share this | Hansard source

I have received a letter from Senator Sherry proposing that a definite matter of public importance be submitted to the Senate for discussion, namely:

“The Government’s poor economic performance, including:

(a)
higher levels of housing mortgage repayments, national and personal debt, and inflation; together with
(b)
lower productivity and a trend down in manufacturing and services exports”.

I call upon those senators who approve of the proposed discussion to rise in their places.

More than the number of senators required by the standing orders having risen in their places—

I understand that informal arrangements have been made to allocate specific times to each of the speakers in today’s debate. With the concurrence of the Senate, I shall ask the clerks to set the clock accordingly.

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