Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I thank Senator Stewart for the supplementary. As we know, Australia is not immune to the uncertainty that we're seeing in the global economy. We know that the challenges coming at us from around the world are felt most around the kitchen tables of people around this country. But, thanks to our responsible economic management, we confront these challenges from a position of strength. More Australians are in work than ever before. The participation rate is around record highs, and the share of women in work is near its record high. Since we came to government, 498,000 Australians have found jobs—the strongest jobs growth of any new government on record. While we know that slowing global growth, high inflation and high interest rates will impact our economy and our labour market over the coming 12 months, Australia is in a better position than nearly any other country to face the challenges ahead.