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Thursday, 23 June 2005
Page: 260


Mr Murphy asked the Treasurer, in writing, on 25 May 2005:

Further to the answer to question No. 729 (Hansard, 10 May 2005, page 234), will the combination of substantially increased Commonwealth grants to independent schools and rapidly rising fees at independent schools have a negative impact on the Government’s efforts to contain inflation; if so, what will he do to address this problem; if not, will he explain why not.


Mr Costello (Treasurer) —The answer to the honourable member’s question is as follows:

No. Preschool, primary and secondary education collectively comprise around 1.44 per cent of the CPI basket. Through the year to the March quarter 2005, preschool, primary and secondary education prices made a negligible contribution to inflation.