Wayne Swan says the MYEFO shows the government will still achieve its surplus objective despite 'storm clouds over the global economy'.
Deputy Prime Minister Wayne Swan lauds his government's five years in power. Picture: Ray Strange. Source: The Daily Telegraph
DEPUTY Prime Minister Wayne Swan says the government's biggest achievement is its economic management, as it marked five years since being first elected.
At a protest against state government budget cuts in Brisbane today, Mr Swan says the government had achieved plenty since 2007.
"Over the past five years we've seen the most turbulent period in the global economy since the Great Depression,'' he told reporters.
"In that five years ... Australia avoided recession, most other developed economies did not.''
Mr Swan also pointed to the rollout of the National Broadband Network and the introduction of the carbon price as major achievements.
The treasurer even paid tribute to the efforts of former prime minister Kevin Rudd, against whom he launched a blistering attack during the leadership contest in February.
"Our previous prime minister Mr Rudd made, I believe, very, very substantial contribution to ensuring that our country didn't go into recession,'' Mr Swan said.
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