My question is to the Prime Minister. I refer the Prime Minister to the Treasurer's comments on 27 April last year:

I think companies will unleash their balance sheets, and I think consumers will as well if there is a change of government.

Following the capital expenditure figures, which showed a 5.2 per cent decline in the December quarter—the worst results since the global financial crisis—is this yet another example of the government promising one thing before the election and delivering something very different afterwards?