House debates

Tuesday, 17 October 2023

Questions without Notice

Employment

2:23 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

It's the closest he gets to a question, Mr Speaker! The Reserve Bank has said that our approach to full employment is consistent with theirs. They said:

The white paper emphasised the importance of monitoring a broader set of indicators beyond the unemployment rate, which is also consistent with the Bank's existing approach …

Unemployment has a three in front of it, and more than half a million jobs have been created under this Prime Minister, which is a record for a new government. But in order to create even more opportunities for more people we need to skill people up. That's why I pay tribute to the work of this skills minister and this Prime Minister and the National Cabinet for coming to that landmark skills agreement announced today.

We know, as I said, that better training and better pay go hand in hand, and both of these things are central to our economic plan and central to the 10 ways that we are rolling out $23 billion to help ease cost-of-living pressures, while still delivering the first surplus in 15 years.

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