QUESTIONS WITHOUT NOTICE

Ms LEY (Farrer—Leader of the Opposition) (14:08): My question is to the Treasurer. Earlier this year the Treasurer went on a victory lap declaring: Inflation is down substantially and in a sustained way … Yet today inflation has shot up above all expectations, jumping to 3.2 per cent. This means no relief for households, no relief when seeing the doctor, no rate cuts in sight and families paying an additional $1,800 on their mortgage.

With Australians suffering through the largest decline in living standards in the developed world, why is it that, when Labor fails, Australians always foot the bill?