House debates Matters of Public Importance

COVID-19: Economy

Wednesday, 17 March 2021 House of Representatives

Ted O'Brien

Ted O'Brien Fairfax, Liberal Party

3:39 pm

'Tell us about economics,' they call. Well, let me tell you a little bit about the Australian economy. The Australian economy is one of the few in the world to have reaffirmed its AAA credit rating. The Australian economy has now seen the unemployment rate drop to 6.4 per cent. For the Australian economy, the last quarterly results showed a growth rate of 3.1 per cent. The Australian economy sees consumer confidence and business confidence up. Our economy is back to recovery. And the member for Whitlam is leaving the chamber to look up an economics textbook! God bless you, my peer.

Mr Stephen Jones interjecting

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