Senate debates

Tuesday, 26 August 2008

Questions without Notice

Inflation

2:10 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

As I was saying, for those opposite to try to suggest that the ready-to-drink tax, the luxury car tax, the crude oil excise on condensate and the Medicare levy surcharge threshold can be wantonly opposed in the Senate without having an inflationary impact just shows the level of economic illiteracy of the rabble that is in opposition. You cannot blow out the size of the surplus, have it massively reduced and not actually put pressure on and cause the Reserve Bank to start to revise its thinking, because that is what this chamber is faced with. Does it actually want— (Time expired)

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