Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

There are two issues that need to be addressed. No. 1: the Reserve Bank Reserve Fund never went below 10 per cent when we were in government. That is my best recollection of it: we never went below. And we had consistent dividends taken out of the Reserve Bank during that time. Then, again from memory, in 2008-09, the then Treasurer took $5½ billion out of the Reserve Bank—

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