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(generated from captions) were found. It's still not were found. It's still not plants believed to be

clear how the fire began. And I

think now we're able to go to

Tony Abbott's speech in

Melbourne. He is addressing the Victorian Employers Chamber of Commerce and Industry and he

appears to be about to take appears to be about to take the appears to be about to take the appears to be about to

lectern there to begin his lectern there to speech. Good morning, ladies lectern there to begin his and gentlemen.

and gentlemen. I'm Mark Stone, the chief executive of

the chief executive of BICC

it's my pleasure to welcome it's my pleasure Tony Abbott

Opposition and I will introduce Tony Abbott the Leader of the

Tony in' moiment. We have Tony in' moiment. several federal and

several federal and State parliamentarians, including the parliamentarians, Honourable Andrew Robb AO and parliamentarians, including the

Andrew will be speaking at

place at the same time next another topic at this same

week, so if you haven't

received your invitation,

please pop that in your diary

and we look forward to being please pop that and we look

and we with Andrew

and we look forward to being with Andrew here next

with Andrew here next week. The

Honourable Bruce bill Sen, Honourable Tony Smith, Alan

Tudge, Elizabeth Mueller, Inga pew lick, Lorraine Hereford, Susan Riley Acting Lord Mayor pew lick, Lorraine Hereford, pew

pew lick, Lorraine Hereford, of Melbourne at

Susan Riley Acting Lord Mayor of Melbourne at the moment.

We're also being hosted today We're also being hosted today by

by the board, our President Peter Peter McMullen, deputy by the board,

President Mark Burrell and the President Mark Burrell President of the Australian

Industry is with Chamber of Commerce and

Richard Industry is with us today, President of the

Industry Richard Holliman. We also have many mayors and counselors from many mayors

across Greater Melbourne and of

course a large and course a cross-section of course a large and diverse

business communities, cross-section of Victoria's

you for business communities, so thank

you for joining us this business cross-section of Victoria's

you business communities, so thank

morning. Tony Abbott has been

in Parliament since 1994. Tony, through that long career, has through

through that long been

been a Parliamentary Secretary, Minister for employment, Minister for employment, been a Parliamentary Secretary,

Minister for employment, weetion eggs

weetion eggs and small business

- Minister for employment, workplace relations and small

- Minister for business. In

workplace relations and small business. In 2003 he was

appointed as Minister for Health and Ageing. Tony Health and Ageing. Tony has

also held a number of shad

portfolios and of course became Leader of the Opposition in 2009. Ladies and 2009. Ladies and gentlemen it

is a is a great pleasure to

the Honourable Tony Abbott, is a great pleasure to welcome

Leader of the Opposition. (APPLAUSE) . Mark, thank you very much having . Mark, thank you very much for having me here. I thank . Mark, thank you very much

having me here. I thank the Victorian Chamber of Commerce

and Industry for making me so

and Industry Victorian Chamber of Commerce welcome

welcome and for giving me and

subsequently some of my other senior colleagues important platform senior colleagues this subsequently some of my

important platform to address important platform senior colleagues this the business community and

the business community and the

people of Australia. It's

to people of Australia. It's great the business community and the

to have here today my people of Australia.

distinguished friend and to have here

to have here today my colleague Andrew Robb, the distinguished friend and

Shadow Minister for Finance, colleague Andrew distinguished friend and Shadow Minister for

Bruce bill Sen, the Bruce bill Sen, the very dynamic Shadow Minister for Small Small Business, Tony Bruce bill Sen, the very

Small Business, Tony Smith, the dynamic Shadow Minister for

Shadow parliamentary secretary for taxation who has tremendous work for taxation who has been doing

our tremendous work in formulating our policy, along with Andrew tremendous for taxation who has been doing

and her Robb, Senator hell lone Kroger

our policy, along with Andrew

and her many supporters who are here told, Allan Tudge, and her many supporters who are and her many supporters

for actor and I should here told, Allan Tudge, Member

particularly particularly thank Acting Lord

Mayor Susan Riley to Mayor Susan Riley to allow me to come to her to come to her premises. Ladies

stronger foundation is the and gentlemen, building a

Coalition's aswren da for

building a better Australia. incoming Coalition Government building a better Australia. An

will take specific practical steps to manage will incoming Coalition Government

will take specific practical better steps to manage our economy

better and to deliver hope, better and to reward and

for reward and opportunity. Hope

for a brighter better and to deliver hope,

for a brighter future, reward and opportunity. Hope

for a brighter future, reward for hard work, for hard work, and opportunity for you and your family to get

for for you and your family to get ahead. As well as our plan for ahead. a stronger economy, the Coalition has achievable Coalition has achievable plans for stronger communities, for stronger communities, a

cleaner environment, more for stronger communities, cleaner environment, more secure borders for stronger communities, a cleaner secure borders and the infrastructure of the cleaner environment, more infrastructure of the future.

These are the five plans that infrastructure of the future. These are the five plans that I recently outlined to recently outlined to the National Press Club. Building a better recently outlined to the better Australia, though, has National Press Club. Building a better Australia, though, has to start with building to start with building a

stronger economy. Today I announce a stronger economy. Today announce a further commitment

to reduce the announce a further commitment to reduce the cost and

complexity of government

through the establishment of

through the through the establishment of

the Commissioner of the Commissioner of (inaudible) that will examine all the detail of what the Commonwealth

Government does and whether it

can be done detail of what the Commonwealth can be done better and more

cost effect Tivoli N the marrow of our can be done better and more

cost

of our bones, the Coalition

understand that you can't have stronger communities without a stronger economy stronger economy to sustain them, stronger communities without a stronger

them, and you can't have a them, and you can't them, and you can't have a stronger economy stronger economy without stronger, move profitable businesses. So my basic message stronger, move profitable businesses. So my basic message to Australians today is

businesses. So my basic to Australians today is that

securing our future depends

more on strong citizens than on

big government, that big government, that success

depend s upon our industry, depend s upon our industry, not

just on our geography and that our destiny will be secured

more by hard our destiny more by hard work than by good

luck. It would be dangerous

complacency to think that luck. It would be dangerous complacency to think that economic stagnation only

happens to other countries.

After all, it's not so After all, it's not so long ago that Li Kwan new that Li Kwan new described

Australians as destined to be

the poor white trash of Australians as destined to the poor white trash of Asia.

Take California, it would be in

the world's top 10 were it abindependent country and long

regarded as the the world's top 10 were it abindependent regarded as the most dynamic

part of regarded

part of the most part of the most dynamic country, but too much spending

and too much bureaucracy have given California given California an unemployment rate 3 percentage points higher than the American

average. The lowest credit

rating of any US state and an

in reverse flight of in reverse flight of residents

to more opportunities. Take

Ireland, not so long ago

regarded as the Celtic Tiger regarded as regarded as the Celtic Tiger after big reductions

regarded as the Celtic after big reductions in government spending, tax government spending, tax cuts, consistently large budget surpluses and massive increases

in labour productive, but surpluses and massive increases in labour productive, but

between 2000 and 2007, labour productivity growth in Ireland halved and between 2000 and 2007, labour productivity halved and government outlays rose productivity growth in Ireland

rose by more than 5 percentage

points of GDP. With the economy

thus weakened, un employment

trebled to 14% in the wake

trebled to 14% in the wake of the global financial the global financial crisis,

and this former miracle economy seemed like just another

Eurozone basket seemed like Eurozone basket case. Now,

Australia is not California and it's not Ireland, but we

certainly can't afod to rest on

our economic laurels.

Productivity has risen by just

2.5% over the past 4 years. That's just one-tenth the rise

achieved under achieved under the Howard Government, and That's just one-tenth the rise achieved Government, and government Government,

spending is now $100 billion a

year more than it was just four years year more than it was just

years ago. As Adam Smith

remarked, there is a lot of

remarked, there is a lot of ruin in a country. Still, Australia's comparatively strong economic position owes

far more to the reforms of

previous governments than it

does to the spending spree of does to the the current one. The first

priority of an incoming

Coalition government will be to

end Labor's waste and to get debt end Labor's waste

debt levels under control as

quickly as possible. This is

what's most needed to restore

confidence and to get what's most confidence and to get the economy moving again. As the Howard Government demonstrated,

prudent fiscal management is in

the Coalition's DNA. It's what I learned during nine years in

the Howard ministry, seven years in the Howard Government

and six years as John and six years as John Howard's leader of the House of

Representatives. As the Shadow Treasurer Joe Hockey declared

earlier this week, the

Coalition's plan to restore our

economy means lower spending,

lower taxes and higher

productivity to produce productivity to produce higher

economic growth. Lower spending

because government has to live

within its means, as within its means, as families

and businesses do. Lower and businesses do. Lower taxes because this will take the

pressure off family budgets pressure off family budgets and

provide more incentive for

people to do well, and higher productivity because it is the foundation of greater wealth.

The result of reduced spending, reduced taxes and boosted productivity should be lower

interest rates, fewer burr deps

on household budgets and above

all else higher economic growth

to generate more jobs, more wealth and better government

services. To put Labor's fiscal recklessness

recklessness into perspective,

since 2007, the US since 2007, the US budgetary position has deteriorated by position

position has deteriorated by

around 7% of GDP. The around 7% of GDP. The UK budgetary position by budgetary position by just

under 6% of GDP, but the

Australian position has

deteriorated by over 5% of GDP,

despite the absence of an

Australian banking crisis

despite the absence of an Australian banking crisis and despite despite the China boom

despite the China boom derived maintenance of employment. Australia's recent Australia's Australia's recent fiscal performance has scarcely Australia's recent performance has scarcely been

better than that of countries facing far worse facing far facing far worse circumstances. On close examination, examination, Australia's headline economic growth has largely been a function largely largely been a function of higher population, rather than

of greater prosperity. Since

2007, GDP per person is

2007, GDP per person is up by just 2007, GDP per person just 0.4% a year, just 0.4% a year, compared to

2.25% a year over the term of the previous 2.25% a year over the the previous government. And

this helps to explain why the Howard era now seems like a

lost golden age of lost golden lost golden age of prosperity. Thanks to Labor's profligacy,

profligacy, all prosperity. Thanks to Labor's

profligacy, all Australians are now paying a government interest bill on top of their

own. This interest bill will be due each and own. This interest due each and every year, due each and every year, long

aft Budget returns to surplus,

until Labor's debt is aft Budget returns to until Labor's debt is finally paid off. Notwithstanding paid off. Notwithstanding next

year's projected $1.5 billion year's year's projected $1.5 billion surplus, the Treasury forecasts

an ongoing $6 billion a year in Commonwealth interest payments,

and that's money that won't be

available to reduce personal and that's money that won't be available to reduce personal or

business taxes or funding for

better schools and hospitals. With unemployment at not much

over 5% and with better schools and hospitals. With over 5% and with the terms of trade at record highs, over 5% and with the terms of trade at record highs, there is

no way that last year's

Commonwealth Budget deficit

should have been close to $50

billion and this year's should be almost $40 billion. In 2004/5, for instance, when the

unemployment rate was also at 5%, unemployment rate was 5%, the Howard Government

managed to deliver a surplus of managed to deliver a managed to deliver a surplus of

$13.5 billion, despite terms of

trade about 40% lower

$13.5 billion, despite terms of trade about 40% lower than they

are now. This comparison are

are now. This comparison

highlights the extent to which budget settings have been structurally loosened budget settings have been structurally loosened far

beyond any requirement to cushion the economic cycle. According to cycle. According to estimates

published in the Treasury

economic round-up just over a year published in the year ago, in its first economic round-up just over year ago, in its first three

years, the Rudd-Gillard

Government ran structural years, the Rudd-Gillard Government ran structural

deficits ampling over 4% of GDP

- averaging over 4% of the GDP, - averaging over - averaging over 4% of the GDP, whereas the same estimates show

that the Howard Government whereas the same that the Howard Government ran

structural surpluses over 1% of

GDP for its final five GDP for its final five years. Now, at the last GDP for its final Now, at the last election, the

Coalition identified $50 billion of savings for an $11

billion improvement in the

Budget bottom line and a

reduction of $30 billion in net debt. Labor's post-election claim

claim of a fiscal was spin and

Labor's renewed talk of a hole

in the Coalition's current funding commitments is funding commitments is more spin. It is the incumbent government in fact which is

committed to tens of billions of government in fact which is of dollars of spending that it

routinely seeks credit for, but

which is either unfunded or

hidden off Budget so as not to count towards hidden off Budget

count towards the Budget bottom hidden off Budget so as not count towards the Budget bottom line. count towards the line. If just the annual payments for count towards the Budget bottom payments for the construction of the National Broadband

Network alone were included in

next year's Budget, a $1.5

billion surplus would become a

$2.9 billion deficit. Further

down the track, there is tens of billions more for the NBN,

all off Budget. There is $2 billion

billion a year also off billion a year also off Budget

to peak green energy winners.

There is a commitment to implement the National Disability Insurance Scheme

that's not provided for

anywhere in the forward

Estimates, and there is an

unfunded commitment to unfunded commitment to buy 12 new submarines of a probable

cost of over $30 billion.

Finally, and very importantly, there is an ongoing

multibillion-dollar hole in

carbon tax compensation funding once emitters can buy licences

more cheaply on the international market than from the Commonwealth Government. contrast, eliminating the

spending associated with the

carbon tax would produce a

billion saving over the current forward Estimates, eliminating

both the revenue and the

spending associated with the

carbon tax would produce a net improvement to the Budget

bottom line of over $3 billion.

But although this puts the savings task into better

perspective, the Coalition does

not for a moment not for a moment underestimate the fiscal challenge, because

the more Labor spends, the more

clients of government is creates. The Coalition creates. The Coalition remains fully committed to the

signature policies we took to

the last election. There will

be direct action to improve the

environment and to reduce

emissions, including a standing

green army to meet the Landcare

Cal Cheng. We will work with the states to produce community-controlled public

schools and public hospitals. We will offer incentives to employers employers who take on long-term unemployed young people and seniors currently on

welfare. We will reform the

welfare system to welfare system to strengthen

motivation to work. There will

be a modest company tax cut,

plus a modest levy on

Australia's 3,000 most profitable companies to run a

fair dinkum paid parental fair dinkum paid parental leave

scheme that gives mothers six

months off at their actual pay.

We've also made We've also made important commitments since the election,

most notably to personal tax

cuts with no carbon tax. All of

these policies are structural

reforms. All of them will boost

participation and productivity. They will produce a They will produce a stronger economy and more prosperous

citizens, and over time they

could help to reproduce the circumstances of the later

Howard years when higher

economic growth enabled the Government simultaneously Government simultaneously to

cut taxes, increase

cut taxes, increase spending

and post higher surpluses. But,

in the short term, they in the short term, they will have to be paid have to be paid for. Besides

the signature policies and the signature policies and a very few hyper deserving cases

like military superannuants, the Coalition will promise the Coalition will promise very little government spending at

the next election. In many portfolio's, the Coalition's

will press to voters more on administration, not on more

spending. After all, the focus

of the next election will be

the carbon tax which will swing

like a wrecking ball through

the Australian economy. As Labor seems incapable Labor seems incapable of

grasping no country has ever

taxed itself into prosperity.

The best way to promote

economic growth is not for

governments to spend more, but

for citizens to spend more because they are less likely

than government to than government to make

irrational spending and far more like ly., national

defence, the administration of

justice and the regulation of

finance. There are other things

that government has to that government has to ensure,

such as the delivery such as the delivery of essential services, the

maintenance and upgrading of economic infrastructure and the

provision of a frugal welfare

safety net. Beyond this,

government action, however

well-intentioned, can easily

turn out to do more harm than

good. As the Business Council

has recently pointed out, it's

been 16 years, 16 long years since the Commonwealth

Government last conducted a top-to-bottom, top-to-bottom, independent

review of public spending from

the perspective, if we were to

start with a clean slate what

government spending and what government, is required. The

last review was in 1996 following the election of the Howard Government. As 'The

Australian''s David Uren has

noted by not taking current

mechanisms, it's likely that a contemporary process might identify scope for vast improvements in the functions,

efficiency and cost of

government without compromising its core business. After

beginning the carbon tax repeal

process and after giving the

Navy new instructions Navy new instructions for

establishing to illegal boats,

establishing an audit will be

an incoming Coalition's

Government's most urgent task.

The commission will be asked to consider and the range and

effectiveness of existing

Commonwealth governments and agencies and to make recommendations for their improvement. This no more improvement. This no more than

once a decade view of what

government does and how

government does it will report

within four months to the Treasurer and the Minister for Finance. That way the

operations of government can be

improved and streamlined, while

the new government has maximum political capital to make

Hardie significances. The

Commissioner of audit won't replace

replace the expenditure review Committee process which

continuously vets new and

existing program spending. It will, however, supplement will, however, supplement and

draw on the work of Senator

Julian Dean taskforce to ensure a. Arthur Sidinis. The Commonwealth Government, after

all, constitutes close to a

quarter of Australia's GDP, so

if we are serious about

building a more productive economy, it's vital to

economy, it's vital to ensure

that the Commonwealth and its

agencies are only doing what

they really have to, and doing

it as efficiently as it as efficiently as they

reasonably can. For instance, a

2009 Victorian study discovered that in this State alone, there

were 65 business regulators, employing 8,000 staff,

administering almost 2.4

million licences, spending over

$2.3 billion and recovering

more than $500 million in fees.

These regulators administered

188 acts, comprise ing 26,096

pages as well as 290

regulations and over 370 codes

of practice. It's likely that of practice. It's likely that a

similar regulatory thick Kett would be discovered operating at Commonwealth level with

similar potential for pruning

and for savings in cost, to

businesses and taxpayers and in

citizens' time. Some citizens' time. Some questions

that the Commission of Audit

might like to consider, amongst

the multitude being the multitude being uncovered

by the Sidonis taskforce include

include why registering the

same medical device took nine

months in the United States but

4.5 years in Australia, and why it costs $400,000 to register an anti-bacterial hand rub,

when the same product with a

different dye can be put on the market without registration

market without registration for

less than $3,000? Why, for

instance, does the average instance, does the average GP

spend almost five hours or half

a day a week complying with

what the AMA says are government red tape

requirements, rather than treating patients? Why is it

impossible to share a birthday

cake in an aged care facility without signing a disclaimer

form? And why does the same

Centrelink paperwork have to be

filled in every six weeks by filled in every six weeks by an employer giving work to employer giving work to people who are on part-benefits. This unnecessary, intrusive and burdensome data collection

could be a further place for

the Commissioner of Audit

savings for both government and sit zeps. Claiming the baby

bonus or the Government's inadequate parental leave

scheme, for instance, is the latest example of how user unfriendly Commonwealth Government programs

Government programs have

become. The application has 31 become. The application has 31

pages of dense instructions and

requires, in effect, the

preparation of a new

prospective tax return for the

six-month period commencing six-month period commencing

with the birth of a child. But

without the benefit of without the benefit of the usual information provided by

employers on group certificates and with verifying paperwork demanded of applicants whose

income is near the cut-off

threshold. Other questions that

the Commissioner of Audit might ponder could include ponder could include whether the Federal Health Department

really needs all of its 6,000 current staff when current staff when the Commonwealth actually doesn't

rein a single hospital or nursing home, dispense a nursing home, dispense a single prescription or provide a single medical service, whether the Federal Education Department really needs Department really needs all 5,000 of its current staff when the

the Commonwealth doesn't run the Commonwealth doesn't run a

single school, and whether we really need 7,000 officials in the Defence Materiel organisation when the United

Kingdom, with armed forces at

least four times our size, gets

by with 4,000 in the equivalent

body. So, at the last election, the Coalition the Coalition pledged to shrink, through natural add

tradition Commonwealth public

sector payroll by 12,000. This would still have left Commonwealth employment at

higher levels than in the higher levels than in the last days of the Commonwealth Government when former Finance Minister Lindsay Tanner

threatened to take a meat axe

to the public service. Finally,

there is a multitude of government programs that don't

seem to involve the provision

of any tangible services to the

public, but which involve other

bodies to do what they should

be doing anyway. These could

also be candidates for review

by the Commission of Audit.

Along with the Commission of

Audit, another powerful way to restrain the growth of

government is to eliminate the

carbon tax. Eliminating the

carbon tax is a massive tax

cut, as well as fundamental structural reform. The unilateral imposition of the

world's largest carbon tax will

put Australia at a serious comparative disadvantage

compared to other countries

which are taking no such action. Australian manufacturing, for instance,

will have to cope not just with the high dollar, but with

paying a carbon tax that its

competitors don't. And contrary

to the Government's repeated assertions, there are no countries, none, that are

planning to impose an

economy-wide carbon price - not

the United States, not Canada,

not Japan, not India which has

a coal tax of just $1 a tonne, and not China whose emissions

are increasing each year by an amount larger than amount larger than Australia's total emissions. Yes, there is an emissions trading scheme an emissions trading scheme in Europe, but it's chock full of

exemptions and has a carbon

price less than half of that

proposed for Australia. So,

ladies and gentlemen, this

carbon tax is economically environmentally perverse T environmentally perverse T will destroy Australia's comparative

economic advantage in

affordable power. It affordable power. It will benefit dirty industries in competitive countries and

penalise relatively clean ones

here in Australia. Far from

being a market mechanism, it is

a perment close to 1% of GDP

boost to the size of

government, and as the

non-delivery of an non-delivery of an invisible product to no-one - let me

repeat that - as the

non-delivery of an invisible

product to no-one t will be

open to rorting on a massive

scale, as has already occurred

in Europe. Energy intensive

industries, such as industries, such as steel, cement, aluminium, plastics,

glass and motor manufacturing

will be the carbon tax's first

victims, and as for the green

jobs that it will supposedly

spawn, the idea that moving from low-cost to high-cost

sources of energy will create

jobs is in the UK Chancellor jobs is in the UK Chancellor of the Exchequer Nigel Lawson's

phrase economic Il literacy of

the worst order. The Government's own modelling

confirmed this. Annual national

income per person is $5,000

lower by 2050 with the carbon

tax than without one. By 2050, cumulative losses of GDP under

a carbon tax will come to $1

trillion. It's as if between

now and then the country were

to close down for almost a

year. And after all that, the

carbon tax will hardly reduce

domestic emission at all. On

Treasury figures, Australia's

emissions will continue to go

up, not down - up, not down -

despite a 2020 carbon tax of

$29 a tonne. Only by 2050 are

emissions forecast to decrease

marginally, and that's thanks

to a carbon tax that has then

reached, in current dollar

terms, $131 a tonne. And like

the carbon tax, the mining cake

will also shift jobs and

investment offshore. The investment offshore. The mining industry already pays state

royalties that other companies don't. don't. Consequently effective

tax rate for mining companies

is often more like 40% than standard is often more like 40% than the

standard 30% corporate rate,

and that will just get worse

with a new Commonwealth tax

grafted on top, which is grafted on top, which is why

abolishing the mining tax, abolishing the mining tax, like abolishing the carbon tax, is a

vital economic vital economic reform. So,

ladies and gentlemen, a key

difference between Labor and the Coalition is that we look

to bigger government as a last

resort, not a first. Labor's health insurance means test

which is basically a new health

tax, has no health policy

justification whatsoever.

Labor's carbon tax is socialism

masquerading as environmentalism. Labor's

mining tax is envy dressed up

as investing in the future. As if any government that's responsible for combustible

roof batts and overpriced

school halls would ever be

trusted for a moment to get its investment decisions

right. Finally, there is the

Coalition's productivity agenda that Labor is incapable matching that Labor is incapable of

matching because of its propensity for big government

and its symbiotic relationship with the union movement. The

Coalition will encourage more people into the workforce.

We'll make public institutions more effective and responsiblive. We'll cut red

tape, we'll improve competition

rules, we'll get greater value from infrastructure spending,

and we'll reform workplace relations

relations to encourage higher pay

pay for better work, as I

announced last year in a speech

to the Australia-Israel Chamber of Commerce. Now, ladies and

gentlemen, since the fall of

the Berlin Wall, it's often

said that there is little to distinguish the distinguish the economic policies of different political

parties. Well, let me say there

are few pieces of conventional

wisdom that are more misleading

than that. Labor supports a

carbon tax and a mining tax.

The Coalition will rescind

them. The Coalition insists

that paid parental leave is a

workplace entitlement. Labor

thinks it is a welfare payment.

Labor empowers union officials.

The Coalition empowers workers.

Labor says it supports smaller

government, but has done government, but has done almost nothing to bring this about.

Almost the first act of a

Coalition government will be to

establish this Commission of

Audit, to bring government back

to manageable size. Labor says

it supports budget surpluses but has delivered the four biggest budget deficits in

history. The Coalition, by contrast, has consistently

delivered Budget surpluses

approaching 1% of GDP. Labor

regularly and flagrantly dishonours its commitments. 16

members of the current Coalition frontbench were

minister s in a government

which consistently

underpromised and

overdelivered. So economically,

the differences could hardly be

more stark and the right choice

could hardly be more clear.

Only one side of poll sicks,

after all, would despatch its principal economic spokesman to

attack the entrepreneurs

responsible for billions of

dollars of investment, tens of thousands of jobs, and thousands of jobs, and hundreds of thousands of families' prosperity. If it's alright for

Wotif founder Graham Wood to

fund a new online paper and to

give Australia's largest ever political donation to the

Greens and if it's alright for

the Treasurer to launch his attack on business people's attack on business people's

free speech in a property

developer's hobby publication,

it can hardly be subversive about democracy for mining leaders to advertise against

job-destroying new taxes.

Playing the class-war card demonstrates how little Treasurer Wayne Swan really

understand running a modern understand running a modern economy, and attacking economy, and attacking people

for dearing to disagree shows

how little this government

appreciate the essentials of democracy. The Treasurer's

determination to attack

wealth-creators, rather than to

support them, shows that you

can't trust Labor to run the

economy any more than you can economy any more than you can

trust this government to run

programs efficiently or to tell

the truth when it would be more convene to lie. Now, ladies and gentlemen, you might gentlemen, you might have

notice ed a slightly different tempo from the Coalition over

the last few weeks. This week

Joe Hockey made a major and important speech on the

economy. Next week Andrew Robb will be speaking at this venue on some of the vulnerabilities facing the Australian economy.

Meanwhile, if you can pick up the paper today, you will see

the unions are vowing to take

on Abbott, echoing Bob Carr's

statement of his main job, to

avoid the horror of an Abbott

Government. Well, can I say

that people are tired of this relentless negativity from the

Labor Party and its principal

political allies, and just as the Coalition is becoming more and more an government, we see the Labor

Party becoming more and more an alternative Opposition. Ladies and gentlemen, thank you so

much for having me today. I really do appreciate the

opportunity to talk to you and

I hope that today might become

a milestone in the transition

of this country to a different and a better government. (APPLAUSE)

And that was the Opposition

Leader Tony Abbott in Melbourne this

this morning. He was speaking to the Victorian Employers