House debates Questions without Notice

Budget

Thursday, 25 May 2017 House of Representatives

Chris Bowen

Chris Bowen McMahon, Australian Labor Party, Shadow Treasurer

2:59 pm

My question is to the Prime Minister. This week the Prime Minister said:

… the bank levy is designed, its purpose is to raise the revenue we need to bring the budget back into balance and maintain our AAA rating …

Given there is a $2 billion black hole in the budget because of the bank tax, why is the Prime Minister placing the AAA rating at further risk with his government's incompetence?

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