Senate debates

Monday, 9 September 2019

Questions without Notice

Economy

2:01 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

What I can confirm for Senator Wong is that the Australian economy continues to grow. We are in our 28th year of continuous growth. Where other major trading economies around the world, like Germany and the United Kingdom, went backwards in the June quarter, we continued to grow. Do you know what else I can confirm for Senator Wong? It is that if there had been a change of government in May, right now the economy would be weaker on the back of $387 billion in higher taxes from the Labor Party.

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