Senate debates

Tuesday, 11 September 2012

Questions without Notice

Economy

2:46 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The question seems to assume or to make a clear implication that people do not want to invest in this country. And if that is the case, why is it we have seen private investment at the highest level as a share of the economy in 40 years? Why is that? Why have we got half a trillion dollars of investment in the resources sector pipeline, more than half of that at the advanced stage?

I know this is good news that those opposite do not want to hear, but the reality is that the figures on investment coming into this country, even though I note that the opposition do not want—

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