Nick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

We are very happy to compare our record on economic management with the record of the Labor Party. At the next federal election, the Australian people will have to make another judgement on which party is most likely to manage this economy well and maintain the prosperity which this country has enjoyed increasingly over the last 10 years. As I said today, NATSEM, through Professor Ann Harding, has established that, over the course of the last decade, while we have been in office, Australian families have seen real after-tax incomes rise by 25 per cent. We have an economic management team that has produced an outcome where the government has paid off $96 billion in debt. We have turned a $10 billion deficit into a $10 billion surplus. We have unemployment at a 30-year low. We have inflation at half the rate, on average, that it was under the former Labor government. We are very happy to compare our record on economic management with that of the party opposite any time they like.