House debates

Wednesday, 4 May 2016

Matters of Public Importance

Economy

3:43 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Shadow Minister for Infrastructure and Transport) Share this | Hansard source

Twenty per cent—one in five dollars—gone. That will result in lower future economic growth, lower returns in revenue, slower growth, fewer jobs. Is it any wonder that the steel industry is in trouble when investment has dropped off the cliff? This is a government that has no agenda for infrastructure and, in particular, has no agenda for our cities: $50 million for planning, that is it. What a joke of a policy. It is no wonder they are not taken seriously.

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