Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

That follows as night follows day. If you look across the global economy, you see stock markets across the world with very large corrections heading south, whether it is in the United States, the United Kingdom or continental Europe. The flow-through impact that has on individuals’ overall wealth calculations is therefore automatic.

The key question is: what is a credible strategy for the future? The credible strategy which this government advances is: (1) responsible economic management; (2) investing in long-term productivity growth; (3) ensuring that you have a plan for nation building, because that is essential to deal with long-term constraints on growth; and (4) that you assist also with the cost of living pressures being faced by working families—

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