Scott Morrison (Cook, Liberal Party, Prime Minister) Share this | Hansard source

I'm pleased to see that the Leader of the Opposition is being very inclusive with his new team today—very inclusive! Apparently they're a team of one on that side. I suspect that speaks volumes about the support for the Leader of the Opposition.

GDP growth, the growth of the economy today, is stronger than every G7 economy except the United States. We are in the 28th year of uninterrupted growth. Our economy, when I was recently at the G20, is the economy that other world leaders want to know more about because of its success. One of the reasons they want to know that is because 1.4 million jobs have been created on the watch of this government since we were first elected in 2013 and, importantly, it was at a growth of 2.9 per cent a year—2.9 per cent a year in jobs growth. When the Labor Party left office it was 0.2 per cent. So the rapid growth in employment speaks volumes about the Australian economy.

The Reserve Bank have said very clearly in their most recent statement that the Australian economy is growing, that the consumption growth looks forward, that the employment growth has continued to be strong, that a further gradual lift in wages growth is still expected and that there are tentative signs that prices are stabilising in the housing market in Sydney and Melbourne. We are creating 1,000 jobs a day. The alternative being offered by the Leader of the Opposition at the last election and that he now seeks to carry forward—

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