Senate debates

Tuesday, 14 November 2023

Questions without Notice

Cost of Living

2:59 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I won't have the budget documents within the minute that it would take to retrieve them. But do I note that the RBA, in their statement on monetary policy, have updated their forecasts. In my recollection, it's largely in line with the Treasury forecast as at budget time. That is what the Treasurer has advised the community. If there is anything further, I will update, but it is staying higher than we would like for longer than we'd like. I don't think anyone has made any pretence about that. So the job we have to do is to not get distracted by the shouts of irrelevance over there—the shouting irrelevance that you have become—but to stay focused on what we need to do, which is roll out cost-of-living relief, get the budget in better shape and make those investments in clean energy, skills and housing. That is what we are focused on.

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