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

I thank Senator Thorp for her question. The OECD Economic Outlook, released last night, again confirms the resilience of this Australian economy in the face of challenging global conditions, and it confirms, unlike most other OECD economies, our fundamentals remain strong: we have solid growth, low unemployment, contained inflation and lower interest rates than ever occurred under the opposition. We also understand that not everyone is doing it easy, that many families are finding things hard, and reports like this do demonstrate why all Australians can be proud of what this country has achieved.

The OECD expects—