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

I welcome the Minister for Finance clarifying that the Assistant Treasurer doesn't speak for the government on inflation. Today the Reserve Bank has raised interest rates by 50 basis points again—the fourth rate rise now under this government. The RBA is having to lift interest rates to address skyrocketing inflation. Why are the Assistant Treasurer and his colleagues continuing to ignore the RBA governor's warning and predicting hyperinflation and economic tumult?