House debates

Tuesday, 26 May 2009

Questions without Notice

Economy

2:44 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

As the Prime Minister indicated before, net debt as a percentage of GDP is expected to be 3.74 per cent in 2019-20, charting the path back to surplus and paying down the borrowings in 2015-16. This government has been entirely responsible in supporting the economy in our hour of need. This government has had the courage to support jobs through economic stimulus, to put in place a medium-term fiscal strategy and an expenditure cap to bring the budget back to surplus and to pay down debt. If only those on the other side had the courage to front up to this parliament with an alternate budget policy or fiscal policy. They do not have that courage because they want to play the scare campaign. They are so opportunistic and so devoid of a commitment to the national interest, all we get are these silly political games.

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