Senate debates Questions without Notice

Interest Rates


James Paterson

James Paterson Victoria, Liberal Party, Shadow Minister for the Public Service

2:54 pm

IFM Investors chief economist Alex Joiner said today:

We already have fiscal policy getting looser, but it could be even looser than we expect. The fiscal guard rails have come off.

Minister, if even industry super thinks you have a problem, isn't it clear that the government's arrogant and stubborn refusal to even acknowledge the problem of government-spending fuelled inflation means every Australian mortgage holder and renter will today pay the price?

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