House debates

Monday, 18 June 2012

Private Members' Business

Economy

6:35 pm

Photo of Jamie BriggsJamie Briggs (Mayo, Liberal Party, Chairman of the Scrutiny of Government Waste Committee) Share this | Hansard source

It is an investment pipeline. It has not been fulfilled yet, mate. That is the bit we want. We want tomorrow's prosperity. Economic figures today reflect yesterday's performance. Today's reforms will reflect tomorrow's prosperity, and this is the bit the Labor party do not understand. They want to treat our mining industry as if we are the only country in the world that has resources. Of course, that is not true. The world is awash with resources. If we make it harder to compete on the international stage with our resources industry that investment, that pipeline they like to talk about, the $20 billion potential investment at Olympic Dam in South Australia will not go ahead and tomorrow's prosperity is then at risk. This is the risk of the Labor Party and their legacy to this country. Do not worry about the sleaze and the incompetence. The real insidious legacy of this government, when they finally finish off the current Prime Minister and go back to the former Prime Minister, will be the economic reform record of this government. It will leave Australians with a debt legacy for a generation and with a prosperity problem for a generation.

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