House debates

Tuesday, 21 October 2008

Questions without Notice

Economy

2:07 pm

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

challenges which do not, may I say to the honourable gentlemen who will ask the next question, add up to hype as he says. I would say to the Leader of the Opposition that the superannuation policyholders around Australia do not regard the global financial crisis as hype. The pensioners of Australia do not regard the global financial crisis as hype. Those millions of Australians who have investments directly and indirectly on Australian stock markets do not regard the global financial crisis as hype. Those concerned about the impact of the global financial crisis on long-term growth and jobs growth in this country do not regard it as hype. I believe the use of that term by the Leader of the Opposition demonstrates just how far out of touch he has come with the real concerns of Australians facing the uncertainties which come to this country off the back of this global financial crisis.

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