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The blame for the economy’s poor performance rests solely with the government, says Nationals leader David Littleproud, as he claims the RBA can only react to the actions of the government of the day.

Figures from the Australian Bureau of Statistics on Wednesday showed that if not for public spending and immigration, the country would be in recession with the economy expanding by a less-than-expected 0.3 per cent in the September quarter.

Speaking on Nine’s Today, Littleproud dismissed any accusations that the RBA’s persistence in keeping interest rates high was a factor, saying the problem was “created in Canberra”.

Nationals leader David Littleproud says high interest rates is a problem “created in Canberra”.Credit: Alex Ellinghausen

“Anthony Albanese slammed our economy into a wall. He’s tried to solve the nation’s problems by spending your money. And ultimately, he’s going to run out of that, and he’s fuelling inflation,” he said.

“The RBA reacts to the actions of the government and the way that they’ve spent. The only thing that’s keeping the economy afloat is government spending.”

Asked about energy rebates, Littleproud claimed the government wouldn’t have needed to spend so much money trying to bring bills down if they had “fixed the fundamentals”.

“You’ve got to fix the fundamentals to bring prices down. You’ve got to increase supply. If they hadn’t demonised gas for the last two and a half years, you could bring down energy prices and you wouldn’t have to have spent that money,” Littleproud said.

“So what we’re saying is the infrastructure is there. You just need to drill and get it in. And then the long term is to have baseload power, and we’re going to go to nuclear energy to do that.”

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