House debates Questions without Notice

Budget 2007-08

Wednesday, 9 May 2007 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Shadow Treasurer

2:29 pm

My question is directed to the Treasurer. Can the Treasurer confirm that productivity growth when the coalition took office in 1996 was 3.2 per cent per annum, at the turn of the decade it was 2.2 per cent per annum, in the Intergenerational report it will be just 1.5 per cent this decade and in the budget papers last night it is zero for 2006-07? Doesn’t the Treasurer agree that these figures show that the productivity performance of his government is one of abject failure?

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