Senator CORMANN (Western Australia—Minister for Finance, Vice-President of the Executive Council and Leader of the Government in the Senate) (14:09): We continue to face global economic headwinds, and we continue to deal with the effects of the drought and the floods on our domestic economy. However, on the back of lower interest rates, lower taxes, higher investment in infrastructure, a more competitive exchange rate and a pickup in the resources sector, we will keep the economy growing, creating more jobs and generating more revenue for government to fund the essential services Australians rely on. I should say that the other risk to our economy is none other than the shadow Treasurer, Dr Chalmers. He recklessly and irresponsibly continues to talk the economy down. His leader appears to be too weak to get him to do the right thing by Australia. Labor has not delivered a surplus since 1989. Senator Bragg was in kindergarten then, and Senator Chandler wasn't even born then! The Labor Party doesn't know how to manage the economy and doesn't know how to manage the budget.