Mr TED O'BRIEN (Fairfax—Deputy Leader of the Opposition) (14:20): My question goes to the Treasurer. We learnt yesterday that inflation has smashed right through the top of the RBA's target band. This is a direct consequence of the Treasurer's spending spree. Labor's spending is growing four times faster than the economy and has reached a 40-year high outside of recession. What is the Treasurer's explanation for both unemployment and inflation being well above the RBA's forecast, not unlike the stagflation from the 1970s, which people nowadays are referring to as the 'Jimflation effect'? The SPEAKER: I'm not happy with that descriptor. Equally, if someone made it about the opposition or the opposition leader, I would take offence at that. We don't want to get into name-calling. That's not necessary, and trust me: that applies to everyone inside the chamber, and I've got multiple examples I can give to the chamber. So we're going to ask the member to withdraw just that last little part of the question. Mr TED O'BRIEN: I withdraw. The SPEAKER: I thank the member for Fairfax. We want to treat each other with respect and dignity. The Treasurer has the call.