Senate debates

Thursday, 15 June 2006

Questions without Notice

Economy: Performance

2:38 pm

Photo of Nick MinchinNick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

I thank Senator Fierravanti-Wells for that very good and pertinent question. Senator Fierravanti-Wells is quite right in that when governments run surpluses and reduce debt the most important and significant effect of that is to take the pressure off interest rates and contributing to national savings.

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