House debates

Monday, 22 May 2006

Questions without Notice

Economy

2:23 pm

Photo of Peter CostelloPeter Costello (Higgins, Liberal Party, Treasurer) Share this | Hansard source

Psychobabble followed by exaggerated laughter—that is what the Leader of the Opposition does. When he cracks a joke with no punchline, he provides the canned laughter himself. It would be more convincing if someone joined in. Taking taxes off exports was one of the things that assisted Australia’s manufacturers, but Australia’s manufacturers are at the moment dealing with a very high dollar. The good news in relation to our commodities is that more investment is going into mining infrastructure in particular than ever before in Australia’s history. That is giving us capacity, it is giving us the opportunity to exploit new markets in the north of Asia and it is one of the reasons why the Australian economy is one of the stronger economies in the world at the moment.

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