Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

Notwithstanding the fact that those opposite are again taking an irresponsible approach on the subject of the economy, it is interesting to look back at what the Leader of the Opposition has previously said about the intensification of the global crisis:

There is nobody that would have predicted these events a year ago or even a few months ago. We have seen remarkable events right around the world—bank failures in the United States, in Europe—very big challenges and, you know, we cannot … we cannot underestimate the gravity of the challenge.

That was the Leader of the Opposition’s press conference on 30 September 2008. Those opposite ask: what has happened? Mr Turnbull himself has indicated that there have been significant changes— (Time expired)