Senate debates

Tuesday, 4 November 2025

Questions without Notice

Economy

3:02 pm

Photo of James PatersonJames Paterson (Victoria, Liberal Party, Shadow Minister for the Public Service) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Gallagher. Moments ago, the Reserve Bank confirmed its decision to keep the cash rate unchanged at 3.6 per cent, meaning there will be no rate relief for Australian homeowners. What does the government say to millions of Australians who continue to pay higher interest rates because of inflation fuelled by this government's out of control spending, as Professor Richard Holden warned last week?

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