Sharon Zollner

So we've seen the market didn't love that.

And it wasn't all just about oil prices either, but just about broader inflation in that economy.

But the Reserve Bank was never that worried about that initial spike.

They're worried about what happens after that and where does inflation go a year or two from now.

Well, no, they absolutely can.

Well, I know they can, but they're not going to, are they?

They will.

No, but it comes back to what I was saying earlier about the fact that the economy actually looked like the recovery was actually a bit ahead of schedule before this happened.

But you've really got to bear in mind the starting point for the official cash rate.

It was starting to look like that last cut at the end of last year might maybe have been a mistake.

The OCR is just 2.25.

That's a lot lower than the US or Australia.

So our take is that they'll still rather get back to neutral, which is sort of around 3%.

sooner rather than later and then see how we go from there.

I'm talking about in 60 languages to help people integrate into Australia.

Isn't that part of your platform?

Isn't that part of your platform, Senator, to integrate people from other countries into Australia, to help them become Australian?

I haven't actually seen the range, but yeah, it does seem clear that the economy did bounce quite a bit.

Actually, it looks like the economy had more momentum than we thought before the rug was rudely pulled out from under us.

Yes.