Senator CONROY (Victoria—Leader of the Government in the Senate, Minister for Broadband, Communications and the Digital Economy and Minister Assisting the Prime Minister on Digital Productivity) (14:06): Those opposite airbrushed the global financial crisis out of their knowledge—it did not happen. The global financial crisis and the Labor government saving 200,000 jobs and steering us through the global financial crisis was just a six-week— Senator Abetz: Mr President, I raise a point of order. To save the leader from embarrassment: the Prime Minister actually made these comments after the global financial crisis. The PRESIDENT: There is no point of order. Senator CONROY: Those opposite describe the global financial crisis as something that happened for six weeks in the Northern Hemisphere and did not have any impact. Do not worry about Europe. Do not worry about the US. Do not worry about China. Do not worry about Japan. All of these international effects have knocked the revenue streams of the Taxation Office seriously. In December, when those statistics were received, the Gillard government was honest and up-front. The Treasurer stood up and explained exactly why. (Time expired)