Malcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

to move:

That the House expresses its concern that:

(1)

the Government will increase the national public debt by 2013 to an unprecedented $315 billion;

(2)

the Government’s interest bill on this debt, as yet undisclosed, will be a continuing burden on Australian families for future generations;

(3)

despite claims that the Government will pay off its debt by 2022, the Government has refused to provide any modelling to substantiate this claim; and

(4)

the high level of Government borrowing will place an ongoing and upward pressure on interest rates for Australian families.

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