Mr KATTER (Kennedy) (14:31): My question without notice is to the Treasurer. Section 10 of the Reserve Bank Act states that the bank pursue policies that 'best contribute' to the maintenance of full-time employment in Australia and the 'economic prosperity' of the Australian people. In light of this and yesterday's decision which will price more Australian goods and services off the world market, would he not agree that the continuation of this fight-inflation-only policy will jeopardise hundreds of thousands of jobs in tourism, manufacturing, agriculture, retailing and base metals? In light of the prevailing rates in the US, 0.13 per cent, Japan, 0.05 per cent, and the EU and Canada, one per cent, could he assure the Australian people that it will be pointed out to the RBA that continuing with a four per cent— Opposition members interjecting— The SPEAKER: Order! Honourable members on my left will remain silent. The member for Kennedy has the call. Mr KATTER: I can't hear myself speak, let alone listen to the galahs on my right. The SPEAKER: The member for Kennedy will not continue to have the call if he makes those comments. The member for Kennedy will conclude his question. Mr KATTER: In light of the prevailing rates in the US, 0.13 per cent, Japan, 0.05 per cent, and the EU and Canada, one per cent, could he assure the Australian people that it will be pointed out to the RBA that continuing with a four per cent-plus rate is contrary to their charter and is a policy that has already driven the dollar from US60c eight years ago to US$1.10 today? The SPEAKER: I now call the honourable Treasurer and I suspect the member for Kennedy will understand that I gave him some benevolence.