Lin Thorp (Tasmania, Australian Labor Party) Share this | Hansard source

We are but human. Treasury has just recently stated and anticipated not fear about the complete collapse of the Australian economy, no. In fact, Treasury is predicting strong economic growth will continue, with gross national income projected to grow at 1.1 per cent a year to 2050. Incomes will grow. Real income per person is projected to increase by $9,000 per year, from today's level, by 2020.