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

Thank you, once again, for that important question. As I have pointed out on many occasions, when we are asked a serious question about a very serious issue we get a lot of noise and a lot of catcalling from the Liberal and National parties opposite. We have had a lot of noise on this issue but no positive policy. Their approach consistently throughout the world recession has been to say no to anything positive that this Labor government has done to cushion the economy. Indeed their view was well outlined by the former shadow Treasurer, who argued that the Liberal and National parties would sit on their hands, do nothing and await developments. That is not the correct approach. The Rudd Labor government has acted decisively, and indeed leading world economic agencies such as the OECD and the International Monetary Fund have credited the decisive actions of the Rudd Labor government. (Time expired)