Nick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

Senator Abetz would do better to look at the performance of Senator Barnaby Joyce this morning in the media. I understand it is well worth a look. The IMF, a very respected international economic forecaster and analyser, has released a document called Exiting from crisis intervention policies. The executive directors of the IMF noted:

The bold and extraordinary measures taken in response to the crisis have helped lessen the severity of the global recession and stabilised financial markets, allowing normality to return in many countries.

That, of course, would be the bold and decisive action that the Rudd Labor government took to introduce stimulus at the onset of the crisis.