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

I can confirm that as of January this year the Australian economy is going to grow, according to the IMF, faster than the United States, Japan, Canada, the United Kingdom, France and Germany. I can confirm that under this government the minimum wage has gone up every year. The real minimum wage has gone up every year whereas under those opposite it did not. I can confirm that this government has passed through the parliament more than $300 billion worth of tax cuts, including ensuring that those earning between $45,000 and $200,000 pay a marginal rate of no more than 30 cents in the dollar. I can confirm that, for the first time in 11 years, under this government, the budget is back in balance. I can confirm for the first time in more than 30 years that welfare dependency is down to a record low. I can confirm to this House that the current account is in surplus for the first time in more than 40 years. I had a bit of spare time on the weekend and I got to read an excerpt in The Australian from Samantha Maiden's new book.

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