Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

The way that our economic plan delivers stronger growth and more jobs is by making sure that our economy is as productive, as competitive internationally and as innovative as possible. Our economic plan is focused on making sure that the Australian economy continues to successfully transition from resource investment and construction driven growth to broader drivers of growth in a strong and diversified economy. That is what we have been focusing on.

The other day I was watching the news, and there was the shadow Treasurer suggesting that it was just a slogan; it was just blah, blah, blah. I have just told you all of the things that we have been doing so far. Of course, we would like to do more. The results are there for all to see. We are growing at twice the rate of Canada—another resource based economy. We are growing more strongly than any of the G7 economies. We are well above the OECD average and certainly growing more strongly than when Labor was in government, when Labor was weighing the Australian economy down with the carbon tax and the mining tax. (Time expired)