House debates

Monday, 9 September 2019

Questions without Notice

Economy

3:00 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

I can confirm to the House that, when it comes to nominal GDP, it is growing above the budget forecast, at 5.3 per cent. The budget forecast was five per cent. The reality is we on this side of the House stand for lower taxes and we have passed through the parliament the most significant tax cuts in more than two decades. And you know who opposed those tax cuts? It was the member for Rankin, because he likes to take taxes up.

Dr Chalmers interjecting

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