Mr FRYDENBERG (Kooyong—Treasurer) (14:12): Where's the member for Rankin when you need a hug in this place! Where is the member for Rankin now? The member for Rankin mentioned unemployment. These are the facts. When Labor was last in office, unemployment was 5.7 per cent. The SPEAKER: The Leader of the Opposition on a point of order. The Treasurer will resume his seat. Just before I call the Leader of the Opposition—members on my right!—I'm going to say to the Leader of the Opposition: the Treasurer is 21 seconds into his answer; I'm happy to hear a point of order, but I remind him that only one point of order can be taken on relevance. It is quite extraordinary that he's only 21 seconds in. Mr Albanese interjecting— The SPEAKER: That's alright. You wrote the standing order. I thought you might've remembered it. The Treasurer has the call. Mr FRYDENBERG: If I was each way, I'd be watching my back right there, because the member for Rankin is gathering the kitchen utensils. The question referred to employment growth and unemployment. Unemployment was 5.7 per cent when Labor was in office; today it is 5.3. When Labor was in office, employment growth was just 0.7 per cent; today it is 1.9 per cent. Investment was referred to by the member for Rankin. Under Labor, non-mining investment was in freefall, falling 10 per cent over their six years in government; there's been growth of over 30 per cent since we came to government. Under the last year of Labor, 62,000 small businesses shut their doors, whereas— The SPEAKER: The Treasurer will resume his seat. The member for Hindmarsh, on a point of order. Mr Butler: We're well into the second minute; it is on relevance. The question was clearly restricted to the time during which the member has been the Treasurer of this country, not any previous period. The SPEAKER: I'd just say to the Treasurer that is a reasonable point. He is entitled to compare and contrast, which he has done. But there was another problem with the question that I'm happy to point out now, which is that, when it begins with 'why won't you admit', it does kind of leave things wide open. But the Treasurer needs to come back to the question. Mr FRYDENBERG: I can inform the House that in January of this year—while I've been the Treasurer, Mr Speaker—the IMF said that Australia's economic growth in 2020 and 2021 will be higher than the United States', higher than the United Kingdom's, higher than France's, higher than Germany's, higher than Japan's and higher than Canada's. The facts tell the story that the Australian economy has grown on the coalition's watch. More small businesses have been created, more people have found jobs and, importantly, we have delivered lower taxes. More than $300 million of lower taxes have passed through the parliament. Only the coalition can be trusted to deliver a stronger economy and more jobs.