QUESTIONS WITHOUT NOTICE

Senator HUME (Victoria—Deputy Leader of the Opposition) (14:31): My question is to the Minister representing the Prime Minister, Senator Wong. On Tuesday night, the Deputy Governor of the Reserve Bank said that everywhere he travels in Australia he hears 'cost, cost, cost, inflation, inflation, inflation'. He said that Australians are furious about inflation—his words.

Consumer confidence is weak and prices are 10, 15 or 20 per cent higher than people remember. After four years in office, Australian families are still paying the price for Labor's inflation. Minister, when will inflation come back to the Reserve Bank's target?