House debates

Monday, 25 August 2025

Questions without Notice

Fiscal Policy

2:38 pm

Photo of Ted O'BrienTed O'Brien (Fairfax, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question goes to the Prime Minister. I refer to the Treasurer's claim in his previous answer that he has a fiscal rule to control spending, which is to bank most of the upward revision in revenue. However, according to his own pre-election budget, the upward revision in revenue was $8 billion. He plans to blow the lot—plus another $26 billion. Will the Prime Minister insist that his treasurer introduce quantifiable fiscal rules to stop his spending spree?

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