Now let me see if I’ve got this straight…

1. Before the election, the treasurer warned that if we voted for the Labor Party, interest rates would rise. The conservatives, we were told, were the only party we could “trust” to “keep interest rates low”.

2. So Australia voted for the conservatives.

3. And interest rates went up.

4. Now, the treasurer says if we don’t hand over total control of the industrial relations system to the union-hating, union-busting conservatives, interest rates will rise. Industrial relations “reform”, we are told, is essential if we want to “keep interest rates low”.

5. (Your move).