Nick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

I do not think that the Labor Party have any understanding of how a private sector capitalist economy actually works. These are the decisions made by millions of ordinary Australians operating on their own without direction from a command government. What is Senator Sherry going to do? Is he going to issue a law saying that you cannot borrow? Is he going to whack up interest rates, like his predecessors did in the last government, to stop Australians from borrowing, drive thousands of people out of business and put unemployment through the roof? That is the Labor Party answer—to destroy the economy like they did in the early 1990s.