This week Tony Abbott, Joe Hockey and Andrew Robb have worked out how to avoid making any clangers on the economy – avoid the topic.
In a week where the OECD confirmed that unlike most other advanced economies, Australia's economy remains resilient, the Coalition spent the last Parliamentary sitting week of the year pedalling fear and smear but no ideas.
If the Coalition paid any attention to what was going on this week in the Australian economy, they could have used the last Parliamentary sitting week to talk about how:
- Despite difficult global conditions, the outlook for investment remains strong:
- Total capital expenditure is expected to be an enormous $173 billion this financial year, up from $155 billion in 2011-12
- In the resources sector alone, the value of committed resource projects has increased to a new record high of $268 billion.
- The OECD has again confirmed the Australian economy is one of the strongest advanced economies in the world, with solid growth, low unemployment and contained inflation.
- The latest OECD Economic Outlook shows that in the face of challenging global conditions, he OECD expecting our economy to outperform every single major advanced economy – and the OECD as a whole – over the next two years.
- In 2013 alone, Australia's growth is expected to be more than double the average for OECD economies.
The Coalition have shown this week that they are policy weaklings only interested in smear and mud-slinging.