When we came to office, inflation was higher and rising, interest rates were going up, real wages and living standards were falling, and Australia was already on track to hit a trillion dollars of debt.
Now inflation is down, real wages and living standards are growing again, unemployment is low, we’ve got the debt down, interest rates are going down and growth is rebounding solidly in our economy.
This puts us in good stead, but we know there’s more work to do because people are still under pressure and global risks are significant. #auspol #ausecon