Senator WONG (South Australia—Minister for Finance and Deregulation) (14:34): If the opposition are advocating for lower wages and conditions, they should be honest enough to come out and tell people they are. What I would say to the opposition is this— Opposition senators interjecting— Senator WONG: You do not like the truth, do you? The PRESIDENT: Order! Senator Wong, resume your seat. Honourable senators interjecting— The PRESIDENT: I remind honourable senators that the time to debate the issue is after question time at three o'clock. Those on both sides wishing to debate it can save their debating until then. Senator WONG: Again I say: if the opposition are planning, are seeking, are advocating the reduction of wages and conditions as one of the cost inputs, they should be big enough to say so. But I note they always run away when this issue is raised and I predict they will now. I am also asked about the effect on investment. Planned mining investment in 2012-13 is around $119 billion—that is 2½ times the actual investment in 2010-11. If the investment environment is so bad, how can they explain that sort of ramp-up in investment? The only answer is that it is because it is in their political interests to talk down the economy. (Time expired)