Mr TAYLOR (Hume) (14:30): My question is to the Treasurer. The latest ABS monthly data shows domestic inflation is growing at five times imported inflation. It also shows core inflation increased to 4.1 per cent in April, which is higher than the UK, the US, Japan, Canada and the euro area. After three failed Labor budgets driving up the price of groceries, electricity and mortgages, will the Treasurer finally admit, as the RBA governor has pointed out, that inflation is homegrown? Mr Pasin interjecting— The SPEAKER: Order! Before the Treasurer begins his answer, the member for Barker is on a warning, and I know he wants to stay to hear this answer, so he won't be interjecting at all during this answer. The Treasurer has the call.