House debates

Wednesday, 18 June 2008

Questions without Notice

Economy

2:22 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

The third element which I would draw to the attention of the honourable member for McEwen is this: if you speak to small businesses across the country about the impact of the compliance burden of Work Choices on small business, in particular their five-minutes-to-midnight invention of a fairness test and the impact which that had right across the economy in overall business compliance costs, all of these things add together when it comes to your ability to run a small business successfully. So let us aggregate the scorecard. We come into government with inflation running at 16-year highs. We come into government with 10 interest rate rises in a row. We come into government with them having promised that interest rates would be kept at—

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