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

It is quite alarming to get a question from the shadow of a shadow Treasurer after he went into witness protection on the day the unemployment numbers came out—because the unemployment rate came down. It came down to 5.5 per cent, 33,800 new full-time jobs were created, the underemployment rate came down to its lowest level in seven years and the youth unemployment rate was the lowest level in 12 years. And the member for Rankin was nowhere to be seen, because he didn't read the ABS release. The ABS said in their statement on that day that the end of JobKeeper had no discernible impact on the employment numbers between March and April.

So the member for Rankin has shown himself to be the economic novice that we all know he is. He has no credibility. This is what the member for Rankin said would happen with the end of JobKeeper: 'Cutting JobKeeper will have diabolical consequences for workers and small businesses' and, wait for it—

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