It’s blowing up big time, with practically everyone calling everyone else a liar.

Treasurer Jim Chalmers and the Manager of Opposition Business Alex Hawke have both withdrawn their accusations.

Speaker Milton Dick pointed out that Chalmers was referring to a lie being peddled in the press gallery generally, while Hawke was on his feet, pointing fingers, shouting “you are a liar”.

Hawke is lucky to still be in the chamber.