Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to his numerous statements in January this year that the $10 billion cash splash had:

… a very significant impact on spending on the basics of life … such as socks and jocks …

Today Pacific Brands, the manufacturer of Bonds, Holeproof, Clarks, Hush Puppies, King Gee and Hard Yakka, sacked 1,850 Australian workers in Cessnock, Wentworthville, West End, Nunawading, Coolaroo and Bellambi. Does the Treasurer now regret claiming his $10 billion Christmas cash splash would create 75,000 jobs when all we are seeing are more job losses?

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