Senate debates Questions without Notice

Budget


Ron Boswell

Ron Boswell Queensland, National Party

2:40 pm

My question is to the Minister for Finance and Deregulation, Senator Wong. Senator, given that the Treasurer was too embarrassed to admit the total value of government debt in his budget speech on Tuesday night, can the minister, for the record, confirm that the government net debt has blown out to $107 billion and that the government will be spending $7.5 billion a year in interest payments?

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