Senate debates

Thursday, 13 May 2010

Questions without Notice

Budget

2:08 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

Mr Hockey, the shadow Treasurer, said a week and a half ago that this budget should come back into surplus three or four years early. We have delivered. What we have had from those opposite are lots of claims that they will oppose various revenue measures. You have set the bar; you have got to deliver. You have got to deliver a faster surplus, having decided to oppose some of our revenue measures and having decided to oppose some of our expenditure cuts. That is your challenge: how you are going to deliver a faster surplus having laid claim to the idea that you can actually produce a better surplus when you oppose revenue measures and expenditure cuts. There are lots of glib ideas from those opposite. Let us start seeing detailed policy which delivers a lower budget deficit. (Time expired)

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