Senate debates

Wednesday, 3 February 2010

Questions without Notice

Economy

2:34 pm

Photo of Mark ArbibMark Arbib (NSW, Australian Labor Party, Minister Assisting the Prime Minister for Government Service Delivery) Share this | Hansard source

The effect is clear and Treasury has stated it: if you stop the stimulus 100,000 jobs will go, and we know that is what Senator Joyce wants. At the Press Club today, he said that the stimulus has had no effect. Not only does the Treasury disagree with him, and not only do the Reserve Bank, the IMF and the G20 disagree with him, but everyone else disagrees with him. Even his own party, including the shadow Treasurer, Mr Hockey, disagrees with him: Mr Hockey says that of course it is going to have an impact. There are jobs at stake here: the Master Builders disagree with Senator Joyce when they say that the stimulus is supporting 50,000 jobs in the construction sector. Hansen Yuncken say they have a team of 162 people working on the program and they estimate 3,500 jobs will be created. Davis Langdon in Queensland talk about thousands of jobs. The evidence is clear— (Time expired)

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