Senate debates

Thursday, 28 February 2013

Questions without Notice

Economy

2:07 pm

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

I thank Senator Stephens for her question. Like other senators on this side, she takes a strong interest in economic management and jobs growths, which puts those on this side, if I may say, Mr President, in a very different position from the carping negativity from those opposite. Earlier this week, Standard and Poor's confirmed Australia's AAA credit rating. The strong economic management of this Labor government has seen Australia awarded the coveted gold-plated AAA rating from all three global ratings agencies for the first time in our nation's history.

Senator Brandis interjecting—

I know the truth hurts, Senator Brandis, but the reality is that we are one of only eight countries across the world holding a AAA—

Opposition senators interjecting—

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