House debates

Monday, 18 February 2008

Questions without Notice

Economy

2:34 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I do thank the member for his question because it is a good question. As I indicated to the House only last week, we are optimistic about the future of the Australian economy. Unemployment is at a record low. We are in our 17th year of straight economic growth and that is a good thing for Australia, but what Australia has to do is deal with the economic challenges that are emerging. As I indicated last week, we have an uncertain international environment and we are not immune from international fallout. But the biggest challenge the Australian economy faces is dealing with the inflation challenge—the parting gift of the Liberal Party of Australia to the Australian people. We should always aim—

Comments

No comments