House debates Questions without Notice

Economy

Wednesday, 26 November 2008 House of Representatives

Joe Hockey

Joe Hockey North Sydney, Liberal Party, Manager of Opposition Business in the House

3:26 pm

My question is to the Prime Minister, and I refer him to his earlier statement that he is taking the Australian budget into deficit. I refer the PM also to his earlier statement about ‘going hard, going households, and going early’. Does the Prime Minister stand by his decision in the May budget to go hard, go households and go early by introducing $20 billion in increased and new taxes? How much higher, Prime Minister, would Australia’s growth rate be if the government had not taken decisions to increase taxes and other revenue by $20 billion in May?

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