Mr TAYLOR (Hume) (14:07): My question is to the Prime Minister. Last week the Reserve Bank governor said, 'We need a lot to go our way if we are going to bring inflation down.' She also said 'the narrow path is getting narrower'. On the back of Labor's third failed budget, core inflation has jumped up to 4.4 per cent and market interest rates have risen sharply. Prime Minister, why are Australian families paying the price for Labor's economic failures? Dr Chalmers interjecting— The SPEAKER: Order! The Treasurer will cease interjecting before the Prime Minister begins his answer. The Prime Minister has the call.