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

I thank the member for Flynn for his question. The national accounts today show that the Australian economy has outperformed the other advanced economies in the March quarter. I think this is a tribute to the resilience and toughness of the Australian people. It is a very, very clear sign that the government’s efforts to stimulate the economy are working to support jobs, business and growth in our economy. GDP rose by 0.4 per cent in the March quarter and it is also 0.4 per cent higher over the year. To put these positive figures in perspective I think it pays to have a look at these outcomes relative to what is going on elsewhere in the world, because I think what is going on elsewhere in the world shows what a positive tribute these figures are—

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