Katy Gallagher (ACT, Australian Labor Party, Shadow Minister for Finance) Share this | Hansard source

Mr Hockey said of the RBA's decision to cut interest rates to 2½ per cent in August 2013—and there were a few global headwinds then, too—

They're not cutting interest rates because the economy is doing well. Interest rates are being cut to 50-year lows because the economy is struggling.

Why is the economy performing so badly? And who in the government is responsible?