House debates Questions without Notice

Economy

Tuesday, 22 May 2012 House of Representatives

Joe Hockey

Joe Hockey North Sydney, Liberal Party, Shadow Treasurer

2:29 pm

My question is to the Acting Prime Minister and Treasurer. Will the Treasurer confirm that the government expects to pay $29 billion in interest alone on the government's borrowings over the next four years? Can the Treasurer advise the House how much of the $29 billion in interest is just interest on interest on existing Labor government debt?

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