Senate debates

Thursday, 14 May 2015

Questions without Notice

Budget

2:22 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

(—) (): And that from the worst finance minister in Australia's history—the finance minister who presided over a $107 billion blow-out in her three short years in the job and who is now part of a shadow cabinet which has blown a $52 billion additional hole, a $52 billion budget black hole, into the budget. You are actually out there in the stratosphere looking down on Australia, looking from the mountain of spending and debt that you are sort of accumulating here as part of a senior member of the Labor Party. I say this: the coalition is working in a measured, responsible and fair way to get our budget back under control. We are focusing on making sure that federal spending growth is on a sustainable trajectory for the future—with no help from the Labor Party. If I could show the prop I would: zero spending reduction from the Labor Party. (Time expired)

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