Australians should be proud of ALP reforms: Treasurer

Despite the challenges of minority government, Swan said a total of 229 bills had passed in federal parliament, including the 18 bill clean energy future package to implement the carbon pricing scheme.

"Whatever the political events of the past few weeks, Australians have every reason to be proud of our nation's long list of achievements," Swan wrote in his weekly economic note on Sunday.

"Many of the reforms achieved were long talked about, but Prime Minister (Julia) Gillard had the courage, conviction and determination to overcome the obstacles and see them through to completion."

The treasurer said the government had prepared Australia for the future.

"Over the past 18 months, the Gillard Labor government has got on with the job of preparing our nation for change, like the shift in global economic weight from West to East, the ageing of the population, and the transition to a clean energy future," he said.

Swan pointed to Reserve Bank Governor Glenn Stevens' comments to a parliamentary committee, which he says highlight Australia's rock-solid fundamentals.

"We have growth around trend, low unemployment, contained inflation, a sturdy financial sector, strong government finances, a huge investment pipeline and a triple A credit rating from all three international ratings agencies."

The minerals resources rent tax, skills and infrastructure investment and better health outcomes were vital reforms made by Labor under Gillard, Swan said.