Senate debates

Wednesday, 9 February 2011

Questions without Notice

Flood Levy

2:36 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The primary risk to achieving this goal is the opposition. It is an opposition that had a $10.6 billion black hole in their election costings, and they are already a further $5.2 billion behind because of their refusal to pass our savings measures. Yesterday they put forward a package which double-counted $700 million. They refuse to pass savings measures and they have put forward a package which will increase the deficit next year. This opposition talks about being fiscally responsible. They had an opportunity yesterday to demonstrate that, and they have sorely failed. They have continued the tough talk that we heard in the election campaign, but they have a $10.6 billion black hole that was expanded again yesterday. (Time expired)

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