House debates Questions without Notice

Budget

Thursday, 14 May 2009 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:23 pm

If I could just follow up on that question and make this very simple point. The shadow Treasurer has said that he would borrow $25 billion less—that is what the shadow Treasurer has said, so he is admitting to borrowing $275 billion. He is admitting to borrowing $275 billion, and the interest on that will be the market rate at the time that it is borrowed.

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