House debates

Tuesday, 25 June 2013

Questions without Notice

Budget

2:13 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

And, indeed, 500,000 jobs created in the last three years. Let us just think about the last three years. What has been happening in the global economy in the last three years? There were the aftershocks of the global financial crisis and a global recession. We have had recession in Europe for something like six quarters. We have had the fiscal crisis in the United States. We have had all of the challenges in Japan. And in the middle of all of this our economy has shone out like a beacon for its resilience and strength. That does not mean to say that everything is okay for everybody but those opposite should have the pride in our country to at least acknowledge how well we did.

Opposition members interjecting

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