House debates

Tuesday, 3 December 2019

Questions without Notice

Economy

2:07 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

I am pleased to tell the House that, when it comes to real wages, they've been growing at 0.6 per cent. When we came to government, they were 0.5 per cent. I'm pleased to tell the House that employment growth is at two per cent, and when we came to government it was around a third of that. And, at two per cent, it's more than double the OECD average. I'm pleased to tell the House that, since we've come to government, more than 1.4 million new jobs have been created. And I'm pleased to tell the House that today the ABS have announced the current account surplus is the highest on record at $7.9 billion. That's because this Prime Minister and coalition prime ministers before him have entered into free trade agreements, creating some new markets with nearly two billion new customers for Australian businesses to export to. So the coalition is not only cutting taxes but creating jobs, while those opposite will always be the party of $387 billion of higher taxes.

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