House debates Questions without Notice

Budget

Wednesday, 13 May 2009 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:40 pm

This is what Standard and Poor’s have had to say about the budget:

We believe the deficits and associated borrowings do not alter the sound profile of the country’s public finances. This is underpinned by the strength of the government’s balance sheet …

And our return to surplus, our return to paying off debt and our investment in the nation will bring back growth as soon as we possibly can.

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