House debates

Wednesday, 12 May 2010

Questions without Notice

Budget

3:00 pm

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

In fact, all of the initiatives we have announced that are dependent on that do add up to the revenue over the forward estimates, so I do not know what figures you are reading. But one thing I do know is that we are not doing in this budget what those opposite always did in election year budgets. I have done a bit of research about spending and what has happened in previous budgets. Between the Liberal Party’s 2006 budget and their 2007 election year budget, they committed almost $90 billion in new policy. Think about that: $90 billion between their 2006 budget and their 2007 election year budget.

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