Senate debates
Wednesday, 4 February 2026
Questions without Notice
Economy
2:55 pm
Jane Hume (Victoria, Liberal Party) Share this | Hansard source
My question is to the Minister representing the Prime Minister, Minister Wong. On 29 January 2025, the Prime Minister enthusiastically endorsed his treasurer when he said:
The worst of the inflation challenge is now well and truly behind us.
A year later inflation is now at 3.8 per cent, well outside the Reserve Bank's target band and higher than in every major advanced economy. Indeed the Prime Minister's finance minister, just 25 minutes ago, said that the job is not yet done. Australians were promised relief. Instead they're facing higher prices, higher interest rates and falling living standards. Minister, was the Prime Minister's treasurer wrong then, or is he wrong now?
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