House debates

Thursday, 17 March 2016

Questions without Notice

Economy

2:13 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for Solomon for her question. One of the key issues that the government is focusing on is ensuring the consolidation of our fiscal position and ensuring that the budget remains on that strong path to reduce our expenditure as a share of the economy from 25.9 per cent down to 25.3 per cent, which was outlined in the mid-year statement of December last year. I am pleased to say today that Fitch have given their report, and the AAA rating of the government has been confirmed—but they raise an important point. They say that the outlook is stable, but, when they talk about future developments that could result in some change, they say that the thing that we should be focused on is ensuring that there is not a sustained widening of the fiscal deficit without remedial policy actions. Those on this side of the House have policy actions to ensure that we remain—

Mr Dreyfus interjecting

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