Senate debates

Thursday, 27 November 2008

Questions without Notice

Budget Surplus

2:17 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

Our position is to support growth and jobs. Failing to act if needed would be irresponsible and would sacrifice growth and jobs. There is not a single credible economist in this country who does not share that view—not one credible economist. As we have said, in the current circumstances it is not necessary. Our current forecasts are for modest growth and modest surpluses. But it would be irresponsible to rule it out, given the dimensions of the global crisis. We will continue to take whatever action is necessary to strengthen growth and limit the impact of the global recession on jobs. (Time expired)

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