Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

I thank the honourable member for Corangamite for her question. We have to ensure that Australians hear the truth about the state of the economy today. Yesterday, the Leader of the Opposition said that consumer confidence and business confidence in the high streets of Australia have collapsed. He could not have been more wrong. And he could not have been more wrong because of the facts. The NAB business confidence index rose nearly eight points in July—the second highest rating in four years. The NAB business conditions survey is also at a 4½-year high.

Dr Chalmers interjecting—

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