Barnaby Joyce (Queensland, National Party, Shadow Minister for Finance and Debt Reduction) Share this | Hansard source

As I was saying, in 2008-2009 they said they would have a surplus of $19.7 billion. They have actually delivered a record deficit of $57.1 billion, and this government now expects us to believe a forecast of $1 billion in three years time. How can the Australian public give any credibility to what Labor states they will deliver, especially when these figures are built on the assumption of the best terms of trade in 60 years and they are made by a government with a record in blow-outs, including the $1.5 billion blow-out in the Building the Education Revolution and a complete lack of prudence and lack of value in the buildings that actually turned up.