Senate debates

Thursday, 12 May 2011

Questions without Notice

Budget

2:41 pm

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

I actually answered that question yesterday, Senator. I am happy to answer it again. Perhaps I was not as interesting as the good senator would like. The government's net debt position does peak at 7.2 per cent of GDP, $106.6 billion. I have answered that, and it is in the budget papers. I think the annual net interest payment the senator is referring to is in fact at the end of the forward estimates period, as opposed to the peak net debt year, but—

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