Senator Eric Abetz

No amount of spin and phoney rhetoric from Labor can hide the real truth of Labor’s failures.

The latest report from the OECD is just the latest independent body to slam the Rudd/Gillard Government handling of the Australian economy.

The OECD’s annual Employment Outlook highlights the hidden truth about Australia’s labour market - the truth that Julia Gillard and Labor have attempted to hide from the Australian people.

The report shows serious flaws in what Labor would have the Australian people believe and that Australia’s overall employment rates are far worse than the unemployment figures Labor so loudly trumpeted just days ago would suggest.

The report also found that of the 27 rich OECD countries, Australia ranks a lowly 20th in the number of prime-age workers.

Even worse, the OECD found, that under Labor, while part time employment rates are high, the number of full time jobs has plummeted, with 21 percent of people of prime working age having no jobs at all.

Wayne Swan and Julia Gillard might think they can pull the wool over the eyes of the Australian electorate by spinning and fiddling the figures but the cold hard truth is that working Australians are finding it tougher every day under this Labor Government.

Is this what the Rudd/Gillard Government meant by economic conservatism, plunging the nation into billions of dollars of dollars in debt and destroying the hopes and dreams of millions of Australians by making it impossible afford a home or find a job?

Meantime Julia Gillard’s advice today to working Australians, struggling with the escalating costs of Labor’s policies, is to “keep your receipts”, and everything will be ok later on.

I’ve got news for you Ms Gillard, you can’t eat your receipts, receipts won’t clothe your children, and receipts won’t pay your bills.

The stark reality of life under Labor faced by thousands of unemployed Australians, sitting down around their dinner tables tonight is happening right now!