Senate debates

Monday, 14 October 2019

Questions without Notice

Economy

2:33 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

I don't think Senator Gallagher listened to my previous answer. Wages growth through the year is actually above the 20-year average of 0.6 per cent and above the rate of 0.4 per cent through-the-year growth when Labor left office. I'm just telling you the facts. I also know what the RBA governor said very recently—that he expects the economy to gradually strengthen on the back of lower interest rates, lower taxes, continued high investment in infrastructure, a pick-up in the resources sector and stabilisation of the property market. The government are continuing to do everything we can to build a stronger economy through our ambitious infrastructure investment program and our ambitious free trade agenda, helping our exporting businesses sell more Australian products and services all around the world, as well as our deregulation agenda and our plans to bring the cost of energy down. We will continue to do the right thing by the Australian people, and we'll leave the sniping to you.

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