House debates

Thursday, 30 May 2013

Questions without Notice

Economy

2:00 pm

Photo of Tony AbbottTony Abbott (Warringah, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I remind her that the latest IMD World Competitiveness Yearbook shows that Australia's competitiveness has slumped to its lowest ranking in 17 years, with poor local business and investor confidence, red tape and inefficient government decision making cited as the reasons for this decline. Can the Prime Minister explain how her government's carbon and mining taxes, amongst 39 new or increased taxes and 21,000 new regulations, have improved Australia's competitiveness?

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