House debates

Tuesday, 25 February 2020

Questions without Notice

Economy

2:12 pm

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

If I was each way, I'd be watching my back right there, because the member for Rankin is gathering the kitchen utensils. The question referred to employment growth and unemployment. Unemployment was 5.7 per cent when Labor was in office; today it is 5.3. When Labor was in office, employment growth was just 0.7 per cent; today it is 1.9 per cent. Investment was referred to by the member for Rankin. Under Labor, non-mining investment was in freefall, falling 10 per cent over their six years in government; there's been growth of over 30 per cent since we came to government. Under the last year of Labor, 62,000 small businesses shut their doors, whereas—

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