Senate debates

Wednesday, 4 February 2026

Questions without Notice

Economy

2:37 pm

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

It's a very similar question to the one Senator Scarr asked; obviously, you hadn't shared those questions. My answer is that yesterday's news will be very difficult for those households on mortgages, and we acknowledge that and we are acting upon it.

In relation to the claim that government spending, specifically the claim about the federal government—when the bank looks at all governments across Australia and the decisions they're taking—it was not cited as a reason for the decision yesterday. That is just a fact.

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