House debates

Wednesday, 9 May 2012

Questions without Notice

Budget

2:06 pm

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

Thank you, Madam Deputy Speaker. The budget papers show that Commonwealth securities on issue are under the existing limit at the end of each year. That is the fact. I know it is an uncomfortable fact and I know it is going to stand in the way of a massive scare campaign that those opposite want to run. I know they will go to any lengths to talk down our economy and to run it down in terms of its international reputation. But those are the facts. We have had a request from the Office of Financial Management to put a buffer in because we do have a challenge when it comes—

Honourable members interjecting

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