Senate debates

Thursday, 27 June 2024

Statements by Senators

Economy

1:52 pm

Photo of Malcolm RobertsMalcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source

The response from Treasurer Jim Chalmers to yesterday's increase in the inflation rate was, 'There's more work to be done.' Oh, really? I would think the Treasurer has done quite enough already, thank you very much. Inflation is increasing, unemployment is increasing, mortgages and rents are increasing, the cost of living—including energy prices and grocery prices—is rising, and building costs are increasing. Bankruptcies are at a record high, with construction companies heavily featured. GDP per person is falling, and the economy as a whole is almost in the red.

Taking these indicators together shows that Australia is in the early phases of stagflation, the scourge of the Whitlam, Fraser and Hawke governments. A One Nation government would immediately reverse the economic mismanagement of recent Liberal and Labor governments. We would grow Australia out of stagflation. We would shut down the department of climate change, withdraw from the UN Paris Agreement and rebuild our energy infrastructure with the lowest-cost power generation: hydro, coal and nuclear. We would terminate environmental and economic vandalism coming from pumped hydro and offshore wind by refusing industrial wind and solar generation on productive farmland and in native forests. We would take the government's jackboot off our farmers' throats and support our agricultural sector to once again feed and clothe the world.

We would immediately freeze the issue of new permanent visas and review the skills list, to ensure those who arrive have the skills we need to support economic growth, and we would send home some people who are currently on resident visas. We would build Inland Rail to the Port of Gladstone, build a national rail circuit and a national shipping fleet, and push steel parks at Abbot Point and Port Hedland. We would close down insane pumped hydro projects and green energy subsidies. We would use the east-west rail line to support Aboriginal communities, mining and agriculture across the Top End and Central Australia.

The government can only offer stagnation and decay. One Nation policies, though, represent growth and prosperity for all, for a secure future.

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