Treasurer labels Opposition's inflation record as 'shameful'

Treasurer Jim Chalmers slams Shadow Treasurer Angus Taylor over the Opposition's inflation record. "I think it is unfortunately dishonest of the Shadow Treasurer to ask a question about inflation without acknowledging the very welcome and encouraging data we got just last Wednesday," Mr Chalmers said at Question time on Monday. "That showed that the inflation we inherited at 6.1 is now 2.8 per cent." "If he [Angus Taylor] wants to ask me a question about headline inflation – he shouldn't have spent the last six months saying headline inflation doesn't matter - only underlying inflation matters. "If he is going to ask me about inflation, he should fess up their [the Coalition] shameful record when inflation was more than twice what it is now."