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

Mr Speaker, to assist the House, I do so. The absolute untruth upon which the opposition’s strategy is based is this: they know that there has been a $210 billion collapse in taxation revenue. I contrast that with the $334 billion taxation windfall which the member for Higgins received when he was Treasurer, courtesy of the resources boom. That is fact 1. Fact 2 is that, as the member for North Sydney blurted out in a stream of consciousness last week or the week before, their overall borrowings would be $25 billion less than the government’s. If you net that—

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