House debates

Monday, 25 August 2025

Questions without Notice

Fiscal Policy

2:39 pm

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

Before I give way to the Treasurer, I will take the opportunity to say that I'll insist that this treasurer continue to do the great work that he has done over the last four years and not follow the rabbits opposite down that hole which they dug year after year after they were elected in 2013 with a policy of producing a budget surplus for the first year and every year thereafter. They came in and slashed education and slashed health, and they managed to produce zero budget surpluses. They then went to the recent election—and this is some achievement—saying: 'We are going to have higher taxes for 14 million Australians, and we're going to have higher deficits as well over two years.'

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