Senate debates

Tuesday, 23 June 2015

Questions without Notice

Economy

2:49 pm

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

Last year it was 2.3 per cent. The year before, under the Labor government, it was 1.9 per cent. The most recent figure we have, for the last quarter, is that this year it was 0.9 per cent in the first quarter of the year. As an annualised rate that would be 3.6 per cent. As my colleague Senator Cormann reminds me, that means that Australia is among the fastest-growing industrial economies in the world.

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