Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

In terms of what has occurred in the economy since carbon pricing has been announced, we see in the year to June that private investment has grown now to be at its highest percentage of GDP in 40 years. The highest percentage of GDP in 40 years! These are the sorts of facts which fly in the way of a scare campaign that those opposite wish to engage in. They believe it is in their political interest to talk down the Australian economy. The only people who are pleased with job losses are those on that side, because they think it is in their political interest. But if he really wants to learn about job losses I suggest that Senator Cormann wanders along to Queensland and has a chat to Mr Abbott's mate, Premier Newman, as he busily gets rid of— (Time expired)