House debates

Tuesday, 18 September 2012

Questions without Notice

Economy

2:44 pm

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

Thank you, Madam Deputy Speaker. Each year, under the Charter of Budget Honesty, we produce both a budget and a mid-year update which contain a consolidation of all of the decisions which have been taken by the government. Of course, when we do the mid-year update, our decisions will be there for all to see. All the previous decisions are in the previous updates and in the previous budgets. But what this is all about is the fact that they are very, very sensitive about the $70 billion crater in their budget bottom line.

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