House debates

Thursday, 11 May 2006

Questions without Notice

Budget 2006-07

2:01 pm

Photo of Peter CostelloPeter Costello (Higgins, Liberal Party, Treasurer) Share this | Hansard source

$45 million in relation to Tully flood works, the largest increase in national health and medical research spending ever, $300 million in Roads to Recovery funding, $36 billion worth of income tax cuts and the most ambitious superannuation policy that Australia has ever seen. This is a budget that has been received well by the Australian community and even endorsed by the Australian Labor Party. There is no point coming back into the House and trying to renew an attack today after surrendering yesterday in the first question time following the budget. The paucity and the feebleness of the attack of the Australian Labor Party on this budget illustrates what Australians know: it is a good budget, it invests for our future and it is right for our economy.

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