Senator STERLE (Western Australia) (14:29): I thank you, President, with much glee. Over the past 12 months, since the closing-the-loopholes measures came into effect, the Australian labour market has performed strongly. Unemployment has remained low and real wages continue to grow while inflation has come right down. How have specific parts of the economy flourished over the past year, and how does this compare to some of the predictions that were made when the legislation was introduced? I look forward to your answer.