House debates

Thursday, 5 February 2009

Questions without Notice

Economy

3:55 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

I would be very keen to see an unequivocal statement in writing from the Leader of the Opposition as to whether he would do that or not. That goes to the core of the intellectual fraudulence of the substantive case that they are arguing. Secondly, what further addition is there to government borrowing? Further additions occur as a result of having an increase in social security payments, which are a consequence of people becoming unemployed. That also affects the forward estimates and therefore that becomes a second area of unanticipated expenditure. Then you come to the third area. The third area goes to the quantum of the stimulus. We have said upfront what the quantum of our stimulus is. We have said that it is $42 billion. That is what we regard as being necessary to support the economy now.

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