House debates

Wednesday, 4 March 2026

Questions without Notice

Economy

2:01 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

They always talk Australia down, which has faster economic growth than Canada, France, Germany, Italy, Japan, the UK or the United States. The UK and Germany have recently experienced recessions. Australia has a lower unemployment rate than Canada, France, Italy, the UK and the United States. We have stronger employment growth than Canada, France, Germany, Italy, Japan and the United States and higher participation rates than Canada, France, Germany, Italy, Japan, the United States and the UK. And, unlike G7 nations, Australia's budget has been in surplus in recent years along with having the smallest gross debt. That's our record.

I got asked a question about international comparisons to the economy.

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