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Monday, 3 March 2014
Page: 1331

Economy


Mr BOWEN (McMahon) (15:02): My question is to the Prime Minister. I refer the Prime Minister to the Treasurer's comments on 27 April last year:

I think companies will unleash their balance sheets, and I think consumers will as well if there is a change of government.

Following the capital expenditure figures, which showed a 5.2 per cent decline in the December quarter—the worst results since the global financial crisis—is this yet another example of the government promising one thing before the election and delivering something very different afterwards?


Mr ABBOTT (WarringahPrime Minister) (15:03): I do accept that members opposite are supremely embarrassed about their record in government. That is what I accept.

Mr Burke: Madam Speaker, I raise a point of order: relevance. To assist on direct relevance, during the December quarter they were in government.

The SPEAKER: I do not need assistance, thank you.

Mr Burke: The Prime Minister is not aware and it is very important that they were in government in the December quarter.

The SPEAKER: There is no point of order. The Prime Minister has the call.

Mr ABBOTT: The record of members opposite, quite apart from the 55,000 illegal arrivals by boat, was 200,000 more unemployed people and debt skyrocketing towards $667 billion. We were elected to fix this and fix this we will. We will fix it. We are marching to the rescue of this nation from the wreckage that we inherited from members opposite.

Ms Macklin interjecting

The SPEAKER: There will be silence on my left. The Prime Minister has the call. The member for Jagajaga will desist.

Mr ABBOTT: It suits them now—

Mr Dreyfus interjecting

The SPEAKER: The member for Isaacs will remove himself under standing order 94(a).

The member for Isaacs then left the chamber.

Mr ABBOTT: to pretend that it was the best government that this country has ever seen. But the fact is the record of members opposite is of 50,000 illegal arrivals by boat, 200,000 extra unemployed people and debt skyrocketing towards $667 billion. We will fix it.

Mr Burke: Madam Speaker, I rise on a point of order.

The SPEAKER: You have already had one on relevance.

Mr Burke: But Madam Speaker, unless we have a situation where illegal arrivals are being—

The SPEAKER: The Manager of Opposition Business will remove himself or else resume his seat. The choice is his. The Prime Minister has the call. He has concluded his answer. I call the member for Robertson.