Mr FRYDENBERG (Kooyong—Treasurer) (14:07): I'm pleased to tell the House that the IMF and the OECD have the Australian economy growing in 2020 faster than any G7 country. Dr Chalmers: They downgraded it. The SPEAKER: The member for Rankin is now warned. Mr FRYDENBERG: I am pleased to tell the House that, when it comes to real wages, they've been growing at 0.6 per cent. When we came to government, they were 0.5 per cent. I'm pleased to tell the House that employment growth is at two per cent, and when we came to government it was around a third of that. And, at two per cent, it's more than double the OECD average. I'm pleased to tell the House that, since we've come to government, more than 1.4 million new jobs have been created. And I'm pleased to tell the House that today the ABS have announced the current account surplus is the highest on record at $7.9 billion. That's because this Prime Minister and coalition prime ministers before him have entered into free trade agreements, creating some new markets with nearly two billion new customers for Australian businesses to export to. So the coalition is not only cutting taxes but creating jobs, while those opposite will always be the party of $387 billion of higher taxes.