House debates

Monday, 19 October 2009

Adjournment

Economy

9:34 pm

Photo of Graham PerrettGraham Perrett (Moreton, Australian Labor Party) Share this | Hansard source

Come in, Spinner. We do not know the release date for it, obviously. He wanted to get a few words down. We did not know whether it was going to be coming out in five days, five weeks, five months or five years. But we have a tentative title: ‘My way then the highway’. We wanted to kick around the year that has been—what has taken place over the last year.

It is interesting to look at the Access Economics report to see what things have happened over the last year in economic terms. The global financial crisis is significant. I can remember that, in 1982, there was 0.9 per cent growth. They were very tough times. I do remember that. In 1991, there was 1.5 per cent growth. When we look at the initial 2009 prediction, we see that it was for negative 1.4 per cent growth.

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