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

Only one side of this House has delivered more than $300 billion of tax cuts. That is this side of the House. Only one side of this House promised $387 billion of higher taxes. It was that side of the House. One side of the House has created more than 1.5 million jobs. It is this side of the House. There is only one side of the House that saw unemployment rising—it was 5.7 per cent. It was that side of the House.

When the Labor Party were last in government, 62,000 small businesses closed their doors in the last year. Under this coalition government more than 300,000 small businesses have been created. Under this side of the House we have delivered the first current account surplus in more than 40 years. Under this side of the House we have delivered the lowest welfare dependency in more than 30 years. Under this side of the House we have delivered the biggest tax cuts in more than 20 years. Under this side of the House we have delivered the first balanced budget in 11 years. Only the coalition can be trusted to deliver more jobs, lower taxes and a stronger Australian economy.

Dr Chalmers interjecting

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