Mr HOCKEY (North Sydney) (14:21): My question is to the Prime Minister. I remind the Prime Minister of the warning from the Business Council of Australia, and I quote: Our costs are too high, productivity is too low, we haven't invested enough in infrastructure and we're drowning in costly, time consuming regulation. Will the Prime Minister explain— Honourable members interjecting— The SPEAKER: Order! The Member for North Sydney will resume his seat. The Minister for Health is warned. The Member for North Sydney will commence his question again. Mr HOCKEY: My question is to the Prime Minister. I remind the Prime Minister of the warning from the Business Council of Australia that: Our costs are too high, productivity is too low, we haven't invested enough in infrastructure and we're drowning in costly, time consuming regulation. Will the Prime Minister explain how Labor's 39 new or increased taxes and 21,000 new regulations have made it easier for businesses to secure jobs for working Australians?