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

I do withdraw. They will be led by an opposition leader who, when it comes to policy, is simply a weakling. There are no plans for the future. The reason we can put in place important social reforms for the future is that we have a resilient economy. You can see that in terms of the capital expenditure figures that are out today. Total capital expenditure is expected to be a staggering $173 billion this financial year, up from $155 billion in 2011-12.

You would never know that if you listened to the opposition. They are constantly at war with the facts. Whether you are talking about the issues that were raised in this House earlier today, whether you are talking about investment figures, whether you are talking about the level of the dollar or whether you are talking about a surplus, they are constantly at war with the facts. That is why the Leader of the Opposition is simply unfit to run a $1.5 trillion economy, and that has been on display not only to members of this parliament today but to all of the Australian people.

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