Barnaby Joyce (New England, National Party, Minister for Agriculture) Share this | Hansard source

Member for Hinkler, those opposite are on a journey, and maybe they are getting there. I will tell you where the journey started. I can remember when Peter Garrett told us that we were going to have six-metre sea rises by 2100. Remember that? I felt like buying a case of beer and going down to Coogee Beach to wait for the show, but it never happened. I read up on Bjorn Lomborg, who said we have had 30 centimetres in the last 150 years, but they are punting on six metres by the end of the century. It is quite spectacular.

But it does not stop there. The member for Isaacs talked about what was 'routinely called the greatest market failure the world has ever seen'. Treasurer, you would probably be interested in this because, when he was talking about the greatest market failure, I thought—silly me—he was talking about 26 October 1929 when the Great Depression started. I thought he was talking about the Great Depression. But, no—

Mr Perrett interjecting—

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