Senate debates

Tuesday, 10 February 2009

Appropriation (Nation Building and Jobs) Bill (No. 1) 2008-2009; Appropriation (Nation Building and Jobs) Bill (No. 2) 2008-2009; Household Stimulus Package Bill 2009; Tax Bonus for Working Australians Bill 2009; Tax Bonus for Working Australians (Consequential Amendments) Bill 2009; Commonwealth Inscribed Stock Amendment Bill 2009

Second Reading

5:56 pm

Photo of Alan FergusonAlan Ferguson (SA, Deputy-President) Share this | Hansard source

Of course you did; I am sure you needed insulation. I pose this question: where are these jobs? Now we have the new package—some $42 billion, a large amount of money by any standards—and they are not promising that it will create one job. So $10.4 billion was supposed to create 75,000 jobs, but the $42 billion that we have now will not create one job.

I find it very strange that this government could put the budget on course towards four consecutive massive budget deficits, totalling almost $120 billion. It is almost beyond belief that any government would do that. It has taken days and days to get answers from Senator Conroy and Treasury as to what the interest repayments would be. We know find out that it will be somewhere around $9 billion—that is the last figure that I heard—

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