Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download PDFDownload PDF 

Previous Fragment    Next Fragment

    29   Fiscal strategy

Mr S. P. Jones, pursuant to notice, moved—That this House:

(1)    notes that as the world emerges from the Global Financial Crisis:

(a)    in Australia unemployment of 5 per cent is low by international standards; and

(b)   the Australian Government’s Debt to GDP ratio is lower and its fiscal consolidation faster, than in most comparable countries; and

(2)    agrees that the Gillard Government’s fiscal strategy to assist business and communities to recover from this crisis while managing inflation and removing the structural deficits from the Federal Budget is the right course of action for Australia’s long term economic prosperity.

Debate ensued.

The time allotted for the debate having expired, the debate was interrupted, and the resumption of the debate made an order of the day for the next sitting.