Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer to his earlier statement that the government is unwinding the stimulus next year. Treasurer, how can you possibly claim to be unwinding the stimulus when 40 per cent of the $106 billion of new additional spending announcements since the 2008 budget kick in from 1 July next year? Moreover, how can you make that claim when even in 2012-13 government spending as a percentage of GDP will be nearly 2½ per cent higher than what you inherited in 2007?

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