House debates

Tuesday, 26 May 2009

2:40 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) | | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to his statement yesterday that in 2020 his government will have left the country with a net debt liability of $75 billion. Will the Prime Minister inform the House in which year his ‘temporary’ debt will be finally paid off?

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) | | Hansard source

I am advised by the Treasury it will be within about two years of that time.