House debates

Wednesday, 4 March 2020

Questions without Notice

Economy

2:20 pm

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

The alternative approach is the fiscal mismanagement that occurred on the watch of those on the other side of this parliament. It says on page 415 of this book that Swan's senior adviser, Jim Chalmers, captured the mood. He said: 'He captured the mood when he said, "The media sell in the budget lock-up was easy—back in black." We had the member for Rankin running around the budget lock-up talking about being back in black. The reality is on this side of the House we have delivered the first balanced budget in 11 years and more than $300 billion of legislated tax cuts. Unemployment has fallen from 5.7 per cent under Labor to 5.3 per cent today. Under the coalition the economy will continue to be stronger.

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