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

Thank you, Mr President. If we had adopted the Liberal-National Party prescription to do nothing, we would have had close to a million unemployed. Remember the opposition Treasury spokesperson, Mr Hockey, saying, ‘Jobs, jobs, jobs—Australia will have a million unemployed,’ this time last year. That is what he was saying. We took decisive action. You opposed that decisive action. We know the outcome would have been the same outcome that we have seen in Europe and the United States: almost 10 per cent—a million—unemployed. The evidence is very clear. (Time expired)