Senate debates

Wednesday, 3 August 2022

Questions without Notice

Budget

2:17 pm

Photo of Dean SmithDean Smith (WA, Liberal Party, Shadow Assistant Minister for Competition, Charities and Treasury) Share this | Hansard source

If government spending will be higher—and I notice that Senator Gallagher didn't rule that out—under the Albanese government, won't this see fiscal policy work against monetary policy and mean that the Albanese government's spending will place further upward pressure on interest rates?

Opposi tion senators interjecting—

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