House debates
Wednesday, 3 December 2014
Questions without Notice
Economy
3:05 pm
Chris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source
Thank you for the call, Madam Speaker. My question is to the Treasurer, and I refer to today's national account figures, which show real GDP growth for the quarter is 0.3 per cent, less than half market expectations. Can the Treasurer confirm the same national accounts show that Australia is now officially in an income recession? When will the treasurer acknowledge that the budget has hurt the economy?
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