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

As I have indicated, the OECD report says that the Australian economy is the best performing in the world in the current very difficult circumstances. As I have quoted, the decisive interventions by the Labor government—the budget $42 billion stimulus package, the bank guarantee and the range of other decisive interventions—have been acknowledged by the OECD as having a significant cushioning impact for Australia in the face of this world financial and economic crisis.