Opposition treasury spokesman Wayne Swan says he can't say whether interest rates would continue to rise if Labor wins government.ANSWER THE QUESTION, SWAN!
Mr Swan dodged the question five times during a radio interview today.DODGER!
Inflation and interest rates are the hot topics in the federal election campaign after the Reserve Bank of Australia raised base rates yesterday by 0.25 per cent to 6.75 per cent.
Economists have since speculated that further rate rises next year may be on the cards.
Asked if there would be more rate rises, Mr Swan said it was not for him to speculate.NOT GOOD ENOUGH
"That's entirely a matter for the independent Reserve Bank," he told Southern Cross Broadcasting.DON'T LIE
He went on to say that Labor's policies would improve the economy, but did not promise to reduce inflation.
"There are inflationary pressures which are driving interest rates, which is why Kevin Rudd and I, all the time, right throughout the last year, have been talking about our economic programs to enhance the productive capacity of the economy," Mr Swan said.WHY CHANGE THE SUBJECT FOR?
Pressed again about future rate rises, he gave a different answer.OH MY GOD!
"There may be or there may not be further interest rate rises," Mr Swan said.FLIP FLOP!
Mr Swan later told Sky News he could not guarantee Labor would be able to stop any more rates rises.FLIP FLOP!
"I can't make irresponsible promises like John Howard has been making," he said.SURE YOU CAN, JUST TRY A BIT
Mr Swan said Labor would put in place a program to put downward pressure on inflation, run budget surpluses and keep a tight rein on spending.
Labor would also keep rates low by investing in education and skills and heed Reserve Bank warnings, he said.
"They've had 20 warnings from the Reserve Bank over the last three years to do something about the skills crisis and to do something about infrastructure bottlenecks," Mr Swan said.
"They've ignored those warnings, they've put their feet up, relaxed and comfortable, and the consequence has been rising prices, record mortgage stress and rising interest rates.
"I think a lot of families feel cheated by John Howard and Peter Costello."BUT WHAT ABOUT THE RATES?