House debates

Wednesday, 3 September 2008

Questions without Notice

Economy

2:23 pm

Photo of Brendan NelsonBrendan Nelson (Bradfield, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to descriptions by the Economist magazine of the economy his government inherited as ‘a wonder down under’ and as ‘the envy of western countries’. I ask the Prime Minister: what would the rate of inflation and interest rates be today if the coalition government had spent rather than saved the surpluses accumulated since 1996?

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