Mathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

That is actually not what Mr Ray did. I do not expect the Labor Party to understand the disastrous effect that the Labor policies that we inherited have had on Australia's economic fortunes. We are working to take all of that lead out of Australia's saddlebag to strengthen growth and create more jobs. The truth is that the economic forecasts and projections for 2015-16 Mid-Year Economic and Fiscal Outlook will be finalised following the release of the September quarter national accounts on Wednesday, 2 December.

The other truth is that, forever and a day and for a very long time, in the final two years of the forward estimates—

Senator Wong interjecting—

and I appreciate this is a technical point that goes right over Senator Wong's head—there is a technical assumption of a return to, effectively, the full employment rate, and, given that we have lower population growth— (Time expired)

Opposition senators interjecting—