Nick Sherry Tasmania, Australian Labor Party, Assistant Treasurer
2:33 pm
As I have indicated, the OECD report says that the Australian economy is the best performing in the world in the current very difficult circumstances. As I have quoted, the decisive interventions by the Labor government—the budget $42 billion stimulus package, the bank guarantee and the range of other decisive interventions—have been acknowledged by the OECD as having a significant cushioning impact for Australia in the face of this world financial and economic crisis.
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