House debates

Wednesday, 24 May 2006

Appropriation Bill (No. 1) 2006-2007; Appropriation Bill (No. 2) 2006-2007; Appropriation (Parliamentary Departments) Bill (No. 1) 2006-2007; Appropriation Bill (No. 5) 2005-2006; Appropriation Bill (No. 6) 2005-2006

Second Reading

6:59 pm

Photo of Greg HuntGreg Hunt (Flinders, Liberal Party, Parliamentary Secretary to the Minister for the Environment and Heritage) Share this | Hansard source

The average is dropping every month dramatically against that 6.7 per cent. Compare the two periods, and every month it becomes more and more in favour of the current government.

It may be that on interest rates, inflation and unemployment the previous government was just unlucky, but it is an extraordinary record when you look at a difference of 2.8 per cent in inflation, a difference of 1.8 per cent—and improving every month by comparison—in unemployment and a difference of 5.6 per cent in housing interest rates. That is a significant difference; that is quite a difference.

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