Senate debates

Wednesday, 14 September 2016

Questions without Notice

Economy

2:59 pm

Photo of Doug CameronDoug Cameron (NSW, Australian Labor Party, Shadow Minister for Human Services) Share this | Hansard source

My question is to the Minister representing the Prime Minister, Senator Brandis. I refer to last week's release of the national accounts figures for the June quarter, which showed private gross fixed-capital formation has fallen by 5.4 per cent in real terms since Mr Turnbull became Prime Minister. Can the minister confirm that this is the lowest level of private sector investment spending as a share of GDP in 12 years?

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