Scott Buchholz (Wright, Liberal Party) Share this | Hansard source

We were meant to have a $12 billion deficit and then a $22 billion deficit just after six months and then to turn it into a $37 billion deficit. Labor has managed to preside over a $15 billion blow-out in the last six months.

I take that interjection that referred to our credit rating. I loved that. To have that AAA credit rating is a good thing. However, I think it is a big call for the government to be making these assumptions that it is due to fiscal responsibility, fiscal prudence. Do you think that 100-year terms of trade and the demand out of China for our resources—our coal on the east coast and our iron ore—might have something to do with the strength of the economy?

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