Senate debates

Wednesday, 24 June 2009

Matters of Public Importance

Economy

4:04 pm

Photo of Kerry O'BrienKerry O'Brien (Tasmania, Australian Labor Party) Share this | Hansard source

According to those opposite, there is no global financial crisis. Let us be frank: they live in their own thought bubble. All they are thinking about is the interests of the coalition and how they can position themselves for the next election—nothing to do with the good of the people they purport to represent, nothing to do with the farmers who, frankly, are getting the benefit of the investment allowances. People out there are spending and they are prepared to borrow because they can see this will end. They can see the advantages that are going to come. And who is benefiting from that? Of course, there are all the dealers in rural Australia and all the people they employ. They are getting the benefit as well. There are more people staying in jobs because of this stimulus. And then, for heaven’s sake, we are spending on schools—which, of course, Senator Williams says he does not support.

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