House debates

Monday, 18 March 2013

Questions without Notice

Economy

2:00 pm

Photo of Julia GillardJulia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

For the Leader of the Opposition, who continues to pursue this mendacious campaign, the facts are these. In the last 12 months 186,583 new companies were registered, according to ASIC figures. That is an average of over 14,000 new companies created each and every month. The fact is that, since the introduction of carbon pricing, the number of companies going into administration went down, not up—a fact that the Leader of the Opposition should focus on. The fact is that since the start of carbon pricing on 1 July more than 130,000 extra jobs have been created. That is more than 20 jobs every hour since carbon pricing started. Australia has maintained one of the lowest unemployment rates in the developed world, at 5.4 per cent. The economy grew at an annual rate of 3.1 per cent in the year to December. Average weekly earnings are up by 4.6 per cent. Business investment has continued at very high levels, with almost $270 billion in confirmed investment into Australia's resources industry alone.

The Leader of the Opposition is once again back on his carbon pricing fear campaign, prepared to do or say anything. What they will never do is acknowledge a fact. This claim today is exactly the same as the claims we have heard in the past: Whyalla being wiped off the map, $100 roasts, jobs being smashed, a wrecking ball through the economy—all of the ridiculous rhetoric the Leader of the Opposition has engaged in. Each and every claim made by the Leader of the Opposition about carbon pricing has been proved wrong, and, once again, he is wrong today.

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