House debates

Thursday, 15 May 2008

Rudd Government

Suspension of Standing and Sessional Orders

3:49 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

is just economic irresponsibility from the member for Wentworth. He claims that tax is going up. Well tax, as a share of GDP, falls substantially in this budget—from 24.7 per cent of GDP in 2007-08 to 23.8 per cent of GDP in 2008-09. That is what the budget papers say, but more fool you if you believe the member for Wentworth. That is the tax-to-GDP ratio that is in the budget papers.

The member for Wentworth has been going around Australia saying: ‘There’s no problem with inflation. It’s a fairy story.’ That is how out of touch the member for Wentworth is. He would not have a clue what life around the kitchen table in this country is like for families that are struggling to pay their bills. If he did have a clue, he would support our savings measures in this budget that build the surplus to protect the working families—

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