Jim Chalmers (Rankin, Australian Labor Party, Shadow Treasurer) Share this | Link to this | Hansard source

My question is to the Treasurer. Figures released today show annual wages growth slowed to a two-year low in the first quarter of this year, before the worst of the coronavirus outbreak. Is this the kind of economy the government wants to snap back to?

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

As I said in the House yesterday, there will be an impact on household consumption and on household savings. There will be an impact on wages. There will be a significant impact across the economy. But I want to point out to the member for Rankin that under this government the minimum wage has gone up every year, and the reality is—

Opposition Members:

Opposition members interjecting—

Tony Smith (Speaker) Share this | Link to this | Hansard source

Members on my left!

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

The Member for Rankin is getting angry. He is angry because he's irrelevant to the debate. He was talking down the economy before the crisis, he's now talking down the economy through the crisis and he'll be talking down the economy after the crisis. The Australian people understand and trust the coalition to manage the economy better than Labor ever will.