Claire Chandler (Tasmania, Liberal Party, Shadow Assistant Minister for Foreign Affairs) Share this | Hansard source

A letter has been received from Senator McGrath:

Pursuant to standing order 75, I propose that the following matter of public importance be submitted to the Senate for discussion:

The Reserve Bank of Australia (RBA) told the Senate Select Committee on the Cost of Living that government spending means that interest rates must be higher for longer, but instead of heeding this warning and reducing spending to allow the RBA to cut rates, Labor has spent an additional $315 billion since coming to office, and told Australians they should be grateful the Government is being 'so helpful'.

Is the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

With the concurrence of the Senate, the clerks will set the clock in line with the informal arrangements made by the whips.