House debates

Tuesday, 15 March 2016

Questions without Notice

Economy

2:09 pm

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

The Australian economy is strong, resilient and innovative, and we are transitioning well. In the December quarter, we saw real GDP grow by three per cent from a year earlier. Our annual growth was faster than any of the G7 economies—300,000 new jobs were created last year, the strongest growth since 2006. We are seeing strong growth and strong progress, but we need continued innovation to support it. (Time expired)

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