Senate debates

Thursday, 5 March 2026

Questions without Notice: Take Note of Answers

Answers to Questions

3:51 pm

Photo of Tony SheldonTony Sheldon (NSW, Australian Labor Party) Share this | Hansard source

They don't want to hear about cost-of-living issues, but I respect your position, Deputy President. Shadow Treasurer Tim Wilson's idea of economic management plan is to repeatedly call for higher interest rates. In fact, in 2018, in parliament, he said:

… we need to create the policy settings to progressively increase interest rates.

For those out there who want to read it, it's in Hansard, 27 February 2018. Again, in 2020, the same shadow Treasurer turned around and said:

Nobody wins from low interest rates.

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