Senate debates

Tuesday, 11 October 2011

Questions without Notice

Economy

2:08 pm

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

The reality is the economic team on the other side has yet to get its costings right—not once. How embarrassing for a party that prides itself on economic management. There was an $11 billion black hole at the election. There is a $70 billion black hole by their own admission and a shadow Treasurer and a shadow finance minister who are fighting each other. What I would say to Senator Cormann is, if he wants to come in here and beat his chest about economic credibility, I dare him to put forward his costings and his numbers, because he will not. He will not be able to, because they have never been able to. (Time expired)

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