It is my pleasure today to speak on Appropriation Bill (No. 1) 2007-2008. I do so with great enthusiasm because we are in a position in this country which we should all be applauding. All Australians are benefiting, and particularly from the recent budget handed down by the Treasurer. Peter Costello is probably the most outstanding Treasurer of the modern era. He has been able to produce budgets that are in surplus—unlike the opposition, who always struggled to be in surplus when they were in government.