Mr TURNBULL (Wentworth—Prime Minister) (14:05): I thank the honourable member for her question. I trust that all honourable members note, as she does, the very keen interest in ensuring that we retain a strong, prosperous Australian economy to secure our economic future, to ensure— Ms Rowland interjecting— The SPEAKER: The member for Greenway is warned! Mr TURNBULL: that we remain a prosperous First World, high-wage economy with a generous social welfare net. Strong economic growth is absolutely essential to that. As honourable members know, in recent times, our economic growth has been in large part driven by the mining boom, the mining construction boom in particular. We have seen, as was inevitably going to be the case, a decline in commodity prices— Mr Conroy interjecting— The SPEAKER: The member for Charlton will cease interjecting. Mr TURNBULL: and a drop in our terms of trade. The future of our economy and the future of our prosperity depend on driving productivity—and this is a pressing issue. All of the people I met with Andrew Hastie, our candidate in Canning, raised this fundamental issue about economic growth. Mr Champion interjecting— The SPEAKER: The member for Wakefield has been warned. This is his last warning. Mr TURNBULL: As I said to many of those Australians concerned about the threat that the Labor Party offers to our economic growth, the clear message has got to be that this is the most exciting time to be alive. The pace of economic change is remarkable. The opportunities are enormous. But the threats to our future prosperity are very, very real. Now the labour movement, the CFMEU, the Labor Party have been doing their best, whether it is in Canning or anywhere else in Australia, to frustrate the China-Australia Free Trade Agreement. Ms Rowland interjecting— The SPEAKER: I remind the member for Greenway she is warned! Ms Rowland interjecting— The SPEAKER: The member for Greenway will cease interjecting! Mr TURNBULL: They know that the China-Australia Free Trade Agreement offers the prospect of thousands and thousands of jobs right across the board, in every industry: services, agriculture, manufacturing, design, education, tourism—without exception. That is the largest single economy in the world. The efforts of this government, the efforts of this trade minister, have seen the doors to that economy flung open and the Labor Party wants to stand in the way and say: 'Stop the future! No, go back! You should be afraid.' The Labor Party thinks they can frighten people. They will succeed, if they win government, in frightening people into poverty. Only the coalition understands the importance of growth, the importance of prosperity, the importance of ensuring that we are utterly engaged in the global economy. Mr Brendan O'Connor: Living standards have been falling under this government. The SPEAKER: The member for Gorton will cease interjecting.