Paul Bloxham, the chief economist at HSBC, said of this government's budget:

We expect some of this additional income will be spent, supporting consumer demand and adding to inflation.

Stephen Halmarick, of CBA, said:

The risk is now more real the first interest rate cut could be delayed …

Do you disagree, Minister, with independent economists of every stripe that have said that your budget is simply going to mean that interest rates stay higher for longer?