David Fawcett (SA, Liberal Party) Share this | Hansard source

Despite the minister saying that what they have in place would 'dampen down demand', the RBA said in its statement yesterday:

The Board expects that further increases in interest rates will be needed over the months ahead to ensure that inflation returns to target and that this period of high inflation is only temporary.

The Assistant Treasurer said this morning, 'I'm hoping if this is not the last'—he's talking about interest rate rises—'it's near the last of the rate rises.' Minister, why does the Albanese government contradict the RBA?