Senate debates
Thursday, 17 October 2019
Questions without Notice
Budget
2:18 pm
Peter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source
In June this year, the Governor of the Reserve Bank, Philip Lowe, said, 'If the government can build productive capacity by borrowing at low interest rates, it seems like that is a good thing to do.' Minister, given that interest rates have never been lower in our country's history, why is your government still obsessed with paying down debt rather than borrowing to build and stimulate the economy and set up Australia for the new century?
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