Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

but rest of the world has not. And then when we look at what that has caused around the rest of the world: we have see economies in recession; we see economies with double-digit unemployment rates; we see lives being wasted, lives of hopelessness now being led because people cannot get work; we see governments that have had to slash government services because of the nature of their economic conditions.

In contrast, what have we seen here? Because of the timely and decisive action of the government, we kept our nation out of recession, we supported jobs—and that was the right thing to do for working Australians and for the people that they care for, to keep people in work, and we stand by it.

Of course, the global financial crisis, hitting as it did, the global economy and then into our economy, we were not immune—of course that had implications for government revenue, as the member well knows. And, as has been acknowledged by opposition spokespeople in the past, they too in those circumstances would have had seen the government's—

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