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

In yesterday's national accounts, for the December quarter mining investment was up five per cent. When it comes to a business investment allowance, the Prime Minister and I have made it very clear that this is under serious consideration. We are focused on strengthening the economy, and generating more investment is key to generating more jobs. I do want to say to the member for Rankin that the Australian economy is strong. When it comes to investment in the housing market, we saw that it continues to show signs of improvement. Our export performance has been strong and public final demand, which also involves investment, is strongly contributing to growth. They are not my words; they're the words of the Secretary of the Australian Treasury to Senate estimates this morning.

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