QUESTIONS WITHOUT NOTICE

Mr TED O'BRIEN (Fairfax—Deputy Leader of the Opposition) (14:45): My question goes to the Treasurer. Scores of economists, including those referenced already in question time today from Deloitte to AMP to HSBC, are all saying that the Treasurer's reckless spending is contributing to inflation, despite the Treasurer desperately attempting to deny all responsibility.

So does the Treasurer truly expect Australians to believe that all of these economists are wrong but he is right?