Julia Gillard (Lalor, Australian Labor Party, Prime Minister) Share this | Hansard source

First and foremost, the member raises the issue of the budget. We spent some time in question time last week, and indeed today, on issues associated with the budget and the inability of the opposition to recognise that there was a global financial crisis—the biggest economic disturbance since the great depression—and that this of course had implications for the global economy, put millions of people out of work around the world and has had implications, too, for the budget, writing down revenues by $160 billion.

Mr Morrison interjecting—

Well, the question referred to budget surplus, and I am addressing that.

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