Gary Humphries (ACT, Liberal Party, Shadow Parliamentary Secretary for Defence Materiel) Share this | Hansard source

Mr President, my question is to the Minister representing the Treasurer, Senator Wong. I refer the minister to the recent Global competitiveness report 2012-2013 by the World Economic Forum. Given the World Economic Forum ranked Australia 15th in the world in global competitiveness three years ago, can the minister explain why in the latest global competitiveness rankings Australia has now dropped to 20th in the world under the life of the Rudd and Gillard governments?