House debates

Thursday, 22 June 2017

Questions without Notice

Business Investment

2:59 pm

Photo of Steven CioboSteven Ciobo (Moncrieff, Liberal Party, Minister for Trade, Tourism and Investment) Share this | Hansard source

I thank the member for her question, because on this side of the House we are very aware of the importance of investment flowing into the Australian economy. We know the fundamental link between investment in the Australian economy and the ability to drive economic growth and to drive jobs. That is why, as the coalition, we are so committed to making sure that there can be confidence in the rule of law, in the Australian economy and in the Australian political system.

In fact, in 2016 the report on the Index of Economic Freedom has Australia currently ranked fifth overall in world rankings and noted, 'Strong rule of law protects property rights and helps to minimise corruption.' Now, that would seem like a very worthwhile goal; that would seem like a goal fundamental to ensuring continued economic growth and fundamental to ensuring we have the opportunity for Australians to be able to secure employment. The problem is this—and it goes to the member's questions: there are threats to the rule of law in Australia. In fact, the threats to the rule of law in Australia come directly from the culture of those opposite. In particular, we see the greatest threat come from those involved in the militant CFMEU. In particular we see—

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