Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I am sorry, I should have said we have found $130 billion in savings over five budgets, in the context of a revenue write-down of $160 billion over five years since the start of the GFC, something that those opposite do not wish to recall.

In addition, in the midyear review we have taken some $16 billion of savings, and I would make this point: when we come to this parliament, we announce our budget or our budget updates and we list off the savings, what do we hear from the other side, the great guardians of fiscal discipline? We hear 'class warfare'. We hear comments about us not thinking second children are worth much. We hear all sorts of political comments because when it comes— (Time expired)