James Paterson (Victoria, Liberal Party, Shadow Minister for Cyber Security) Share this | Hansard source

I thank the minister for her answer to my primary question and her agreement with the RBA governor that we should not add to inflation expectations. But, only eight days after the governor issued this warning, the Assistant Treasurer said prices for goods could go up '10, 15 or 20 per cent' and went on to predict hyperinflation and strikes. He later predicted a very rocky 12 months for the Australian economy. Given that the Assistant Treasurer's language and his position add significantly to the market's inflationary expectations, have the Treasurer, the Minister for Finance or the Prime Minister counselled the Assistant Treasurer on the impact of his comments on inflation expectations?