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

The point I made earlier in the week is the correct point—that the inflation challenge arrived in this country later than it did in similar economies around the world. Obviously when your inflation challenge is going along the trajectory that we have seen in this country it will take time to come down. That's what we've seen in other countries as well. That is what happens. In many of those countries it peaked higher than it peaked here, and it is tapering off now, as it is here in Australia.