Mark Bishop (WA, Australian Labor Party) Share this | Hansard source

My question is to the Assistant Treasurer, Senator Sherry. Over the last year we have seen a wave of unprecedented economic turmoil stemming from the subprime crisis in the United States, the global credit crunch, the global financial crisis, the worst global recession in 75 years and the combined challenges these have presented to the international and Australian economies. Can the Assistant Treasurer update the Senate on what actions the Rudd government has taken, and continues to take, to step in to fill the gap left by the private sector to stimulate the economy, to support jobs and to protect working families from the effects of global recession? I would particularly appreciate the Assistant Treasurer outlining how these decisive actions, such as the nation-building plan, will allow Australians to be confident about our nation’s future, will support jobs now, will invest in our critical infrastructure for the future and will ensure that our economy is well placed to make the most of the global recovery. Also, how will the largest modernisation of the nation’s schools—(Time expired)