House debates

Wednesday, 16 October 2019

Questions without Notice

Economy

2:41 pm

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

Again, in earlier answers to questions I acknowledged the revisions in the forecasts. As we go into MYEFO, the forecasts will be considered at that time, as they are in MYEFO and the budget on every single occasion. I know the Leader of the Opposition isn't terribly familiar with the processes of budgets, having never served in those portfolios when he was in government, but I'm sure he's becoming familiar with them now in his new role.

I'm asked about the government's plan. One of the things that occurred after 18 May this year was the huge sigh of relief from those whose jobs and whose investments and whose businesses depended on strong and capable financial and economic management. The sense of fear from the Australian people about the Australian economy, if it were to have fallen into the hands of the Labor Party, was absolutely palpable. So Australians were looking for a stable and secure plan, a plan that we had set out in the budget—a budget which, for the first time in 12 years, is coming back into surplus. The budget surplus has been established as a result of the hard work of Australians out there each and every day, of 1.4 million Australians coming into work, and of having the lowest level of welfare dependency. This is what our plan is delivering.

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