Senate debates

Monday, 22 June 2015

Questions without Notice

Economy

2:15 pm

Photo of George BrandisGeorge Brandis (Queensland, Liberal Party, Attorney-General) Share this | Hansard source

Senator Ketter, not a day has gone by since this government was sworn in on 18 September 2013 when we have not been building a stronger and better economy for a more prosperous Australia, trying to turn the economy around from the economic basket case that was left to us by the party which you represent.

Senator Ketter, I quoted you figures about economic growth—3.6 per cent annualised this year, the fastest in the developed world. I quoted you the figures about housing construction and retail sales. Let me give you some more evidence of the success of the Abbott government's policies: the NAB business confidence index jumped four points to plus-seven points in May as a direct result of the budget. Business confidence is at the highest level in a year and well above the average which it had when the Labor Party was in power. Meanwhile 110,000 new jobs have been created this year alone. (Time expired)

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