Senate debates

Thursday, 12 May 2011

Questions without Notice

Budget

2:03 pm

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

As I said, even Senator Joyce in public comments today made clear that even the opposition would not be so reckless as to oppose such an amendment. Senator Cormann knows that the amount of gross debt is articulated in the budget papers. It might assist him to be aware that the budget papers represent the market value of Commonwealth government securities as opposed to the legislation, which of course represents the face value.

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