Senate debates

Wednesday, 13 May 2009

Questions without Notice

Budget

2:00 pm

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

The net debt deficits over the forward estimates, to save your lazy shadow Treasurer the trouble, are $32.1 billion or 2.7 per cent of GDP in 2008-09, $57.6 billion or 4.9 per cent of GDP in 2009-10, $57.1 billion or 4.7 per cent of GDP in 2010-11, $45.5 billion or 3.4 per cent in 2011-12 and $28.2 billion or two per cent of GDP in 2012-13. This budget has a strategy. This budget has a strategy to pay down debt as the economy recovers. (Time expired)

Comments

No comments