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

Let me say it again very slowly: economic growth in Australia today is stronger than it would have been if Labor had stayed in government. If we had stayed on the trajectory that Labor put Australia on, economic growth today would be lower. Australia continues to grow while other commodity-based economies like Canada and Brazil are in recession. I do not expect Labor to understand this, but over the last two years we have been working on making our economy more competitive, more productive. We will be making a very significant announcement soon on how we can provide the appropriate incentives to drive stronger innovation across the economy in order to strengthen growth and create more jobs. If you look at the results that we have achieved, there have been more than 360,000 new jobs in the two years that we have been in government. The truth is that Labor is misrepresenting— (Time expired)