Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

Jenny's Kindergarten is an outstanding example of a modern childcare centre that responds to the needs of its customers. As the Prime Minister has said, the government will soon be announcing a new families package that will help to increase female workforce participation, which is one of the issues that was raised in the Intergenerational report. We need to lift female workforce participation in Australia, because if we could lift female workforce participation in Australia to the same level as that in Canada, we would increase the Australian economy in size by the equivalent of a new Newcastle coming into the Australian economy in the year.

We have made a good start in terms of fixing the budget mess that was left to us. Today, Fitch Ratings agency reaffirmed our AAA rating and said:

Real GDP growth is high relative to 'AAA' rated peers—

so compared to other countries it is high—

and has been more stable, despite reliance on commodity exports, particularly to China.

Mr Conroy interjecting—

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