Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

They said, 'Going forward, don't worry Australia, it is a two per cent cap.' But, in fact, going forward they left a 3.7 per cent cap. That is a $220 billion mistake. I say to the Labor Party: we know you are walking away from reality, but tonight the Leader of the Opposition has to be frank with the Australian people not just about his legacy but about what he is going to do.

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