Senate debates

Wednesday, 2 December 2015

Questions without Notice

Economy

2:04 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

As I have indicated, the growth in exports over the last quarter was the strongest growth since 2000. Exports growth in the September quarter was broad based. The increase in exports combined with other positive data released today offers the prospect of increasing profits that will support increased investment and more jobs into the future. If you compare the number of jobs created under this government—more than 300,000 over the past year—with the record in the last year of Labor, more than 13 times as many jobs have been created in Australia over the past 12 months compared to the last year of Labor.

Of course, what Labor used to do was put more and more lead into Australia's saddlebag to slow us down. This government is actually making sure that we are as competitive as we can be, as innovative as we can be and as agile as we can be to take advantage of future opportunities. The data today shows we are heading in the right direction. (Time expired).

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