House debates

Wednesday, 16 June 2010

Questions without Notice

Budget

2:38 pm

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

Furthermore, I would say in response to the Deputy Leader of the Opposition that she should pay some attention to the fact that Australian resources have fallen by about three per cent, which is less than all comparable resources indices in the world. The Canadian index has fallen by four percentage points, the Australian index by three. This is since the introduction of the RSPT announcement on 2 May.

Also, can I say to the Deputy Leader of the Opposition: I know that facts always create a problem when you are dealing with fear. Facts always get in the road of fear. Not only did Australian resource stocks fall by around three per cent; Australian major banks over that same period of time have fallen by nine per cent. So I would suggest that, when you have got a change in the index—

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