House debates

Thursday, 27 March 2014

Questions without Notice

Economy

2:08 pm

Photo of Dan TehanDan Tehan (Wannon, Liberal Party) Share this | | Hansard source

My question is to the Treasurer. Would the Treasurer outline the government's plans to grow the economy and create jobs?

Opposition Members:

Opposition members interjecting

Photo of Mrs Bronwyn BishopMrs Bronwyn Bishop (Speaker) Share this | | Hansard source

There will be silence on my left!

2:09 pm

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

Our plans are very clear. We have been entirely consistent for years now in dealing with what were the changing economic circumstances over the last few years and in fact the last few decades. We have been entirely consistent. We said government cannot afford to waste taxpayers money.

Opposition Members:

Opposition members interjecting

Photo of Mrs Bronwyn BishopMrs Bronwyn Bishop (Speaker) Share this | | Hansard source

There is too much noise on my left!

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

That is consistent line number one. As soon as Labor started to rollout the pink batts—there was a pause in the interjections just now amongst Labor—the pink batts program, remember that? Gee, that was a good use of money, except that it cost lives and it was a terrible waste of money.

Mr Husic interjecting

Photo of Mrs Bronwyn BishopMrs Bronwyn Bishop (Speaker) Share this | | Hansard source

The member for Chifley will desist!

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

And then there are the GP Super Clinics. We are hearing every day just how well that program went. Only the Labor Party could build medical facilities that do not treat any patients. Yet, they still have not rolled out a full program.

Mr Champion interjecting

Photo of Mrs Bronwyn BishopMrs Bronwyn Bishop (Speaker) Share this | | Hansard source

The member for Wakefield will desist or leave under 94(a).

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

And what waste we have seen in the NBN. What a terrible and sad story—a litany of waste and incompetence associated with a bill that would have well exceeded $70 billion, if it had remained on track. The net result of all that was $667 billion of debt and $123 billion of deficits over the next four years on top of $190 billion of deficits over the last five years. That $190 billion worth of deficits over the last five years is the equivalent of 200 major new teaching hospitals across the country.

What are we going to do? We are going to fix the mess. Tough decisions will have to be made, because sooner or later the truth about the budget was going to be out. The record of Labor is rich.

Mr Butler interjecting

Photo of Mrs Bronwyn BishopMrs Bronwyn Bishop (Speaker) Share this | | Hansard source

The member for Port Adelaide will desist.

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

But we have a plan that focuses on growth and jobs. We are putting $1.5 billion into WestConnex which will, in itself, deliver 10,000 direct and indirect jobs during construction, including hundreds of apprenticeships.

We are focusing on other infrastructure projects, such as the East West Link in Melbourne, which is worth $1.5 billion and will have 3,500 construction jobs, and the $1 billion Gateway Motorway in Brisbane. These deliver real productivity benefits and real jobs.

We want to re-establish the Australian Building and Construction Commission, and get rid of the corruption in the unions—how important is that? And we are going to abolish the carbon tax and the mining tax. We have a plan for jobs. Labor is reckless with the economy.