Kevin Rudd (Griffith, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question again is to the Prime Minister. I refer to the Prime Minister’s answer to the last question when he quoted the Reserve Bank Governor. I also refer the Prime Minister to this statement by Glenn Stevens, the bank governor:

… over short periods productivity is not an easy thing to measure … so I would be wary of drawing strong conclusions based on [a] snapshot. … there are quite careful measures of productivity which can be made over longer periods.

I also refer to Mr Stevens’s statement that these measures show ‘quite a slowdown’. Prime Minister, is the Reserve Bank Governor wrong, just like you have just said the BCA is wrong?

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