Senate debates

Wednesday, 4 December 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

The point I was making is that our economy continues to grow. Our economy is stronger than it would have been if the Australian people had chosen a different government at the last election. On the back of $387 billion in higher taxes, our economy would have been weaker, employment growth would have been weaker, unemployment would have been higher and wages would have been lower. Instead we have 1.7 per cent growth through the year, which is higher than what we had through the year to the end of the June quarter. Indeed, household disposable income grew by 2.5 per cent— (Time expired)

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