Senate debates

Monday, 19 August 2024

Matters of Public Importance

Economy

4:20 pm

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

Well, I couldn't believe my ears last week. The Albanese Labor government burst out of the gates to tell Australians to celebrate and rejoice: wages had gone up 0.8 per cent for the quarter. The Treasurer and Prime Minister tell us: 'Pop the champagne bottles! Just ignore the fact that inflation has gone up one per cent for the same quarter.' That means everyone has gone backwards an average of 0.2 per cent. Can you believe the Treasurer and Prime Minister can bring themselves to front up to the cameras to address this parliament and put such a ridiculous spin on the latest round of bad news? How do they do it? How does the Labor Party keep telling Australians we've never had it better, while Australians struggle through the worst cost-of-living crisis in modern history? The GDP is treading water; it's barely staying out of technical recession. How is it staying out? Thanks to one million fresh migrant arrivals in just two years, boosting official gross domestic product, GDP, to just barely over the recession threshold.

Meanwhile, let's look at how everyday Australians are faring. We're in the middle of the worst per capita recession since the Great Depression. Australians have not gone backwards on average this badly since the 1930s—almost a century. What is the Liberal-Labor uniparty's answer to this? The uniparty will continue to send our natural resources overseas for China to use in building solar panels that China sells back to us. The uniparty will continue to obey what unelected foreign organisations like the World Economic Forum say. The uniparty will keep letting foreign predatory investment funds like BlackRock, Vanguard and State Street, and banks like JP Morgan, own our critical industries and get away with economic murder. The uniparty will continue to let too many new arrivals into our country before we have the necessary housing and services, prolonging the housing crisis that the uniparty created over recent decades. The housing crisis did not occur overnight; it's been cultivated. Only One Nation will stop this madness and put an end to anti-Australia decisions that are sending our people backwards. (Time expired)

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