House debates

Wednesday, 10 May 2017

Questions without Notice

Budget

2:37 pm

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

I know those opposite are frustrated, but it is a very simple formula. We on this side of the House like to ensure that we keep tension in the cord when it comes to restraining expenditure. Those opposite are quite happy to let it rip on every single occasion. That is why debt was growing at 34 per cent per annum when those opposite left the Treasury bench. Under this government, we have reduced the rate of gross debt by two-thirds.

Ms Plibersek interjecting

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