Labor has taken aim at the treasurer and prime minister for going missing in action on the day the Reserve Bank cut the cash rate to its lowest level ever.
Shadow treasurer Chris Bowen said the government's only plan for economic growth, the 10-year phased business tax cut, doesn't deal with the immediate issues the Reserve Bank's move aimed to address.
"All the heavy lifting in this discussion now is being done by the Reserve Bank of Australia. The government and the treasurer have to stump up to this discussion and at this point they are missing in action," he told ABC radio on Wednesday.
