Mr MORRISON (Cook—Prime Minister and Minister for the Public Service) (14:01): I thank the member for his question. I am familiar with the minutes of the Reserve Bank. I will read the full quote for the assistance of the member: Wages growth had remained low and the upward trend in wages growth— That's something that the Leader of the Opposition has been casting some doubt over in questions in recent times, but there has been an upward trend in wages growth. The RBA said that it 'appears to have stalled' and they are looking forward. That's why— Opposition members interjecting— Mr MORRISON: What those opposite haven't acknowledged in this place is that real wages growth under this government through the last year is higher than it was when we came to government, from what we inherited from last time. Dr Chalmers interjecting— The SPEAKER: Member for Rankin! Mr MORRISON: I will help them out, because I know the Labor Party are not that good with numbers when it comes to managing money. They focus on numbers on plenty of other things, but, when it comes to managing money, they are not so good on numbers. Growth in real wages of 0.7 per cent through the year is higher than 0.5 per cent growth in real wages. The Reserve Bank rightly observed that 'the news on the international economy had confirmed that the risks to the global growth outlook were to the downside'. The Reserve Bank has made it very clear and has acknowledged the complex and difficult times that the Australian economy is facing with global pressures. I am quoting from the Reserve Bank minutes, Mr Speaker. Mr Gosling interjecting— The SPEAKER: I would just ask the Prime Minister to resume his seat. The member for Solomon has missed the moment again and will cease interjecting. The Leader of the Opposition, on a point of order? Mr Albanese: Yes, Mr Speaker. It was a very specific question: does he agree with the Reserve Bank board that wages growth appeared to have stalled? The SPEAKER: The Leader of the Opposition will resume his seat. Just before I call the Prime Minister, I am just going to point out again that, yes, it was a specific question, but the Prime Minister has addressed it and is being relevant on the policy topic. What members asking questions can't do is ask the question and then sort of demand the equivalent that the minister responding read something that they have prepared in response as an answer. Mr Albanese interjecting— The SPEAKER: Well, it's your question time, not mine. The Prime Minister is in order and may continue. Mr MORRISON: Thank you, Mr Speaker. I can quote further from the Reserve Bank minutes, which said that 'there had been further signs of a turnaround in established housing markets, especially in Sydney and Melbourne'. The minutes also say: Looking forward, the outlook for output growth was being supported by the low level of interest rates, recent tax cuts, signs of stabilisation in some established housing markets and a brighter outlook for the resources sector. Our government has a plan to grow the economy, to keep the budget in surplus and we are the ones that the Australian people wanted at the last election. They voted for us to continue with our election plans and to implement those plans, and you on the Labor side are the ones they didn't want.