House debates

Wednesday, 11 May 2011

Questions without Notice

Budget

2:31 pm

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

I thank the member for Longman for that question because under our youth allowance changes he would have to keep studying and not go on the dole. This is because we have a fundamental commitment to learn or earn as part of the participation initiatives we have put in place in this budget. So we have a fundamental commitment to a range of initiatives in participation and skills. We have a fundamental participation agenda which makes sure that people have the opportunity to participate in the workforce and make a significant contribution to our country.

It is a very serious question. We will come back to surplus in 2012-13 because we have put in place very strict fiscal discipline—the fastest fiscal consolidation that we have seen on record. We have put forward $22 billion worth of savings and our record stands in stark contrast to those opposite.

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