House debates

Tuesday, 9 May 2023

Questions without Notice

Budget

3:44 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I sincerely thank the member for that question. In April of last year, in PEFO, as a result of the March budget that was in that last week so that a government could cling on for a bit longer—a government that didn't have an agenda—it projected the budget deficit this year, in 2022-23, to be $77.9 billion. That was the prediction. And, of course, we know that the government again—I give credit to the member here and I suggest he dissociate himself from the past because what he mightn't be aware of is that the largest deficit in Australian political history was by the coalition that preceded. The second-largest deficit in Australian was those opposite as well.

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