House debates

Wednesday, 4 June 2008

Questions without Notice

Economy

2:13 pm

Photo of Lindsay TannerLindsay Tanner (Melbourne, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I thank the member for her question. In the context of a slowing world economy, today’s national accounts provide reassuring news on economic growth but they also show that the inflation fight is very definitely far from over. As the Prime Minister said yesterday, we are still in the early rounds of what is definitely a 15-round fight. That is why the figures that I have released today, the national accounts figures, underline the importance of a tough, responsible budget—the budget that the Treasurer handed down last month—and underline the importance of the $22 billion surplus that we brought about, as the Prime Minister said.

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