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

My question is to Senator Sherry, Assistant Treasurer. Can the Assistant Treasurer detail to the Senate the latest forecast for the Australian economy from the Organisation for Economic Cooperation and Development? What does the OECD Economic Outlook, which was released late last week, say about Australia’s world leading performance in the face of the worst global recession for 75 years? Does the OECD expect Australia to maintain its position as one of the best performing economies in the world, with stronger growth, lower debt and lower deficits than the major advanced economies? Does the OECD Economic Outlook recognise the important role the Rudd government’s fiscal stimulus package has played and continues to play in the recovery from the global financial crisis and the ensuing global recession?