House debates

Thursday, 4 September 2008

Questions without Notice

Economy

2:17 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Treasurer. I refer the Treasurer to the OECD’s standardised consumer confidence indicator and ask: why, despite a near record high terms of trade boom, has Australia experienced the largest drop in consumer confidence in the OECD in the period since the election of the Rudd government? Treasurer, why does Australia now have the second-lowest level of consumer confidence in the OECD, after Spain?

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