Doug Cameron NSW, Australian Labor Party, Shadow Minister for Human Services
3:02 pm
I refer to the Reserve Bank of Australia's decision last month to cut the official cash rate to 1.5 per cent—the second time the RBA has cut rates since Mr Turnbull took over as Prime Minister. Given that former Treasurer Joe Hockey described a cash rate twice as high as being 'emergency levels', how does the minister describe the current cash rate?
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