House debates

Tuesday, 19 February 2008

Questions without Notice

Economy

2:15 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is addressed to the Treasurer and again concerns the relationship between inflation and jobs. Is the Treasurer aware that, over the last five years, the unemployment rate in Queensland has fallen from seven to 3.4 per cent and in Western Australia from 6.1 to 3.3 per cent, compared to very much lower declines elsewhere, including in New South Wales and Victoria? Given that the export-driven mining industry in Western Australia and Queensland is not likely to be materially affected by domestic interest rate rises, how will you ensure that your fight against inflation will not have a very uneven impact, with a heavy cost in jobs outside of Queensland and Western Australia?

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