Jane Hume (Victoria, Liberal Party, Shadow Minister for the Public Service) Share this | Hansard source

Who said this, 'My New Year's resolution is just to continue to deal with cost-of-living pressures.'? That was what the Prime Minister told Australians back in January. Since then, we have had five interest rate rises from the RBA and a total of 12 since this government was elected. The reason behind these interest rate hikes is because Labor has no plan to tackle inflation. Inflation remains far too high, far too sticky and it is not coming off.

The latest data from the September quarter reveals that inflation is stubbornly high, standing at 5.4 per cent for year on year—