House debates

Monday, 21 May 2012

Questions without Notice

Economy

2:17 pm

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

My question is to the Acting Prime Minister. I refer the Acting Prime Minister to the downgrades last week of numerous Spanish banks; concerns about escalating withdrawals from the Greek banking system; evidence of further slowing in the Chinese economy; and the recent decline in the spot price of key commodities such as iron ore. Against this global backdrop, does the Acting Prime Minister agree that now is the worst possible time to be hitting Australian businesses and jobs with the world's biggest carbon tax?

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