House debates

Monday, 10 September 2012

Questions without Notice

Economy

2:50 pm

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

My question is to the Treasurer. I remind the Treasurer that economic growth in the June quarter fell to less than half the rate for the previous three months, retail sales fell by nearly one per cent in July and ANZ job ads fell by over two per cent in August. On top of the falling company profits, falling commodity prices and deteriorating terms of trade, where will the Treasurer find $120 billion to fill the government's new big budget black hole?

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