House debates
Monday, 9 September 2019
Questions without Notice
Infrastructure
3:10 pm
Scott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source
Let me quote from the Reserve Bank governor on 9 August, at the House Standing Committee on Economics:
… if the economy is not doing well and the global economy is not doing well, we need all arms of public policy to support the Australian economy. But that's not a call for the government to do more now.
That's what he said. He went on:
I just want to be clear about that.
He also said:
Can I just clarify something: I have not called on the government to do fiscal expansion.
I am quoting the Governor of the Reserve Bank giving evidence—not some chat to a journalist but evidence—to the House economics committee. He said:
… I have not called on the government to do fiscal expansion.
In fact, on 11 July, he said:
I agree 100 per cent with you that the Australian economy is growing and the fundamentals are strong.
That's what he said. He went on:
But I don't think we should forget that more Australians have jobs today than ever before—
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