Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

I thank the Leader of the Opposition for his question. The budget update will be released as part of the MYEFO in mid-December, which is roughly the time when members opposite released MYEFO in years past. It is very simple. We are dealing with a mountain of debt which members opposite left as their legacy. We are dealing with Labor's legacy of debt and deficit. We want to rule a line under this embarrassing period in our fiscal history and get on with the job of paying back Labor's debt and eliminating Labor's deficit. That is what the Australian public elected us to do. That is what we will do. I would humbly and respectfully ask the Leader of the Opposition to allow the people's mandate to be worked out in this parliament.

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