Julian Leeser (Berowra, Liberal Party) Share this | Hansard source

The bill that we have before us tonight, the Future Made in Australia Bill 2024, is, in short, a microcosm of everything that is wrong with Labor's economic policy—a range of bad ideas that have been tried in the past and proved to have failed, yet they're trying them again. We see it in the way which Labor is dealing with the cost-of-living crisis. Orthodox economic policy is that, when inflation is going up and up, you reduce government spending to take pressure off inflation. When we have a productivity crisis, orthodox economic policy says that you liberate the labour market, create greater flexibility and allow employers and employees to work the hours they want or need, to get productivity going and get the flexibility that you need to create more jobs. An orthodox economic policy says that you let markets decide what industries exist in a particular country, and when governments pick winners, you end up with bad results. Yet, here in this bill, we have tried, tested and failed policy being recycled again in this so-called Made in Australia bill. This bill takes that iconic idea of Australian made, with its beautiful—

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