House debates Questions without Notice: Additional Answers

Budget 2006-07

Wednesday, 10 May 2006 House of Representatives

Peter Costello

Peter Costello Higgins, Liberal Party, Treasurer

2:56 pm

Mr Speaker, I seek the indulgence of the chair to add to an answer.

David Hawker

David Hawker Speaker

The minister may proceed.

Peter Costello

Peter Costello Higgins, Liberal Party, Treasurer

I was asked a question by the Leader of the Opposition about the futures yield. I inform the Leader of the Opposition that the 90-day futures yield for a September 2006 contract was 6.01 per cent yesterday, before I brought down the budget, and this morning at 10 o’clock, after the budget was brought down, it was 6.01 per cent still. Any suggestion that the budget moved the futures yield is completely and utterly false.

Kim Beazley

Kim Beazley Brand, Australian Labor Party, Leader of the Opposition

Mr Beazley interjecting