Joe Hockey (North Sydney, Liberal Party, Minister Assisting the Prime Minister for the Public Service) Share this | Hansard source

I thank the member for Hasluck for his question and note that in the electorate of Hasluck in 1996 the unemployment rate was 7.4 per cent. Today it is 3.5 per cent, so it has more than halved, and that is good news for the people of Hasluck. I am aware of a report on the front page of the Australian today. It begins with:

CONSTRUCTION giant John Holland has warned that a multibillion-dollar productivity dividend will be threatened if Labor wins office and winds back the Coalition’s industrial relations reforms.

There is that magic word ‘productivity’, the word that the Leader of the Opposition does not understand—

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