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

I reject the premise of the question. Monetary policy is not the only game in town. Of course we have a pro-growth budget—a budget with $300 billion worth of income tax relief over the next decade, including $20 billion that was paid out to Australians, returning their money to them over the last 2½ months, and including a $100 billion infrastructure pipeline. Indeed, the Prime Minister has written to all state and territory government premiers and chief ministers to invite them to work with us to bring forward the execution of infrastructure projects where that is a sensible thing to do. We will not do what the Labor Party did and put a billion dollars worth of pink batts into people's roofs, setting houses on fire, to then spend a billion dollars to take them out again. We will not be wasting money on school halls that schools around Australia, by and large, didn't actually need. It was a complete and utter waste of money. We will continue to make sensible decisions in order to continue to build a stronger economy into the— (Time expired)