Morrison has no plan for challenges: Labor

The first anniversary of Scott Morrison's prime ministership is nothing to celebrate, Labor says.
The first anniversary of Scott Morrison's prime ministership is nothing to celebrate, Labor says.

Scott Morrison has marked his first anniversary as prime minister literally jetting around the world between two international engagements as Labor launched an attack on his 12-month performance back at home.

On August 24 last year, Mr Morrison landed the nation's top job after a week of turmoil which saw Malcolm Turnbull quit in the face of a damaging challenge by Peter Dutton.

He then went on to win the unwinnable election in May, despite being constantly behind Labor in the polls.

Labor leader Anthony Albanese told the party faithful at an ALP conference in Brisbane on Saturday for Mr Morrison and the Liberal-National Party it has all been about the politics.

"They have no plan to deal with the looming economic challenges, at a time when all the economic indicators are negative," he said.

Economic growth has been downgraded below trend and is at its slowest rate since the 2008 and 2009 global financial crisis.

Consumer demand is also weak, wages are stagnating, productivity is going backwards, household debt is at record levels and a record number of people are experiencing mortgage stress.

"This is an anniversary Australia will not be celebrating," the Labor leader said.

Shadow treasurer Jim Chalmers also weighed in on Josh Frydenberg, who clocked up his first anniversary as treasurer.

"After one year of Morrison and Frydenberg they get an 'F' for a floundering economy," Dr Chalmers told reporters in Brisbane.

"While Scott Morrison and Josh Frydenberg are popping the champagne corks on this one year anniversary, Australians are paying more for electricity, more for childcare and more for healthcare."

But Mr Frydenberg hit back, saying Labor talks down the economy "every single day".

"You know what their prescription was for the Australian economy ... $367 billion of higher taxes and those higher taxes are still on their books," Mr Frydenberg told reporters in Melbourne.

"When it comes to protecting and strengthening the Australian economy through these challenging times, our policies are out there - lower taxes, more infrastructure spending, 80,000 new apprenticeships, cutting red tape."

Former prime minister John Howard heaped praise on Mr Morrison, saying the Liberals are in the best shape since 2007 and when he lost power.

"I rate him very highly, very highly. He has done an amazing job ... especially when most people didn't give him a chance of winning," Mr Howard told The Weekend Australian.

Business groups are also happy with his performance and believe he now has the opportunity for reform to improve productivity and build resilience against global economic uncertainties.

But trade unions say key issues like the wage growth crisis, wage theft and insecure work have not been addressed.

Mr Morrison told reporters in Vietnam, before heading off to France where he has been invited to join the G7 summit, he was not one to celebrate anniversaries.

"Look, frankly anniversaries I find quite narcissistic, so I tend to not engage in that sort of assessment," he said.

"I will let others to go through the calendar. My job is big enough."

Australian Associated Press