Rowan Holzberger (Forde, Australian Labor Party) Share this | Hansard source

The Albanese Labor government has achieved something positive that you just won't read about in the economic textbooks. I've always believed that you need to run the economy like you run a business. Having run businesses, I've learnt that there are two ways to run a business: you can invest in your plant and your people or you can strip out the profits and run the business into the ground. The Labor way is the better way, and that is to invest in your plant and your people. Now, the figures speak for themselves. A couple of weeks ago, in the same week, interest rates came down, unemployment came down and real wages went up. When I was studying economics in a country high school in the 1990s we were told that's not supposed to happen, but it did happen, and for two reasons: because of the economic policies of the Albanese Labor government, led by the Treasurer, and, more importantly, because of the hard work of the Australian people.

We know there is still a lot of work left to be done, but in this government we are focused 100 per cent on the cost of living and the economy. By doing it the Labor way—investing in our infrastructure and investing in our people—all Australians will enjoy the benefits.

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