Nick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

As I have been saying, this Rudd Labor government has acted decisively to cushion and stimulate the economy in the face of this deep world recession. I can inform the Senate today that the gains from the government’s $42 billion stimulus package will be much greater than previously set out in the budget. According to new Treasury figures, total employee incomes over the next decade will be around some $100 billion higher as a result of our actions. Liberal Party approach: do nothing. Rudd Labor government decisive approach: there will be $100 billion in higher incomes for employees as a consequence. That is $100 billion that the opportunistic and divided Liberal-National Party say no to. They always say no to vital measures to cushion and underpin the growth of our economy. That is the Liberal Party’s attitude: sit on your hands and do nothing. (Time expired)