Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

I thank the honourable member for his question. Of course, we've seen net debt peaking; we're turning the corner on the debt that he and his colleagues in the Labor Party created. I notice the honourable member referred to a reduction in tax as spending. You can't spend money that's not your own, you know? Members of the Labor Party think that every dollar that every person earns and every business earns belongs to the government and that, if you reduce tax, it's spending; it's their money. That's the difference. And you know what? They have an aspiration to keep more of it.

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