House debates Questions without Notice

Budget

Wednesday, 9 May 2012 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:10 pm

and I am more than happy to run through all of the tables. They are all there in the budget papers. I know those opposite are pretending they have never seen them before so we will just go through net debt, which peaks as a percentage of GDP at 9.6, runs through to 2015 at 7.3 in terms of the figure itself of 142 in 2011-12, and goes through 131. In terms of gross debt, 18 per cent of GDP, 265.8 in 2011-12, goes through to 281.3, which is the figure the member was looking for, and comes down over the next decade.

Honourable members interjecting—

Comments

No comments