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

Thank you. The language I used—and it seems to have confused those opposite—is language that I've used for some time in this place, and, indeed, for the Treasurer. I would draw your attention to the RBA's recent Statement on monetary policy, where they have updated their forecast on CPI. They remain largely in line with the forecasts that we released as part of our budget in May. And I know it really kills those opposite, but we have words from the new Reserve Bank governor saying that the decisions that we are taking are good and enough in terms of our fiscal strategy. Yes, I know you didn't like that at estimates, but that is what they said. We've got the Treasury secretary's evidence, and we have got the evidence coming directly out of the ABS.