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

They are living in a fantasy world, that is what they are doing. As the Treasurer pointed out earlier today in question time, even John Edwards—a long-term Labor staffer, a long-term friend of the Labor Party and a decent human being, it has to be said, but someone whom Labor appointed to the Reserve Bank Board—has come out and said, 'Honestly, there is a budget crisis.' John Edwards is right: there is a budget crisis. We accept that; we have put out our plan to deal with it; and it is high time that members opposite woke up to reality and told us exactly what their plan is.

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