Barnaby Joyce (Queensland, National Party, Leader of The Nationals in the Senate) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Wong. I refer the minister to her comments made on CNBC Asia yesterday in relation to the government's decision to lift Australia's debt limit to a record $300 billion. I quote:

In terms of the debt cap … we in the Budget are anticipating that we will stay below the current legislative debt cap at the end of each of the financial years. There is, however, potential for significant variability, significant variation and fluctuation within the year. That means there’s temporary spikes and dips above and below that debt cap …

If the government is confident that its gross debt will be below $250 billion at the end of each financial year, what is the government's estimate of the outstanding face value of its bonds on 30 June 2014?