Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The continual recitation of nonfacts, which is the senator's wont, disregards the global financial crisis; disregards the fact that, under this government, we have the fastest growing economy of all major advanced economies in the world for 2012; disregards the fact that, since this government came to power, we have seen some 800,000 jobs created at the same time as 27 million people have joined the unemployment queues around the world; completely disregards the fact that we are seeing interest rates lower than at any time under the Howard government; disregards the fact that the IMF has talked about the strength of Australia's public finances; and disregards the fact that we have a AAA credit rating from all three credit rating agencies. But do not believe them; believe Senator Cormann.