House debates

Thursday, 14 February 2008

Matters of Public Importance

Economy

3:53 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

Of course the reason he is so embarrassed is that we had this ridiculous statement from the Leader of the Opposition. He described the Australian economy as being in a first-rate condition. There are some good things in the Australian economy and we discussed them today. The latest employment figures are good. We have had 17 years of growth. That is good. But all of this is now threatened—threatened by an inflation problem that must be brought under control.

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