Senate debates

Monday, 7 November 2011

Questions without Notice

Carbon Pricing

2:45 pm

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

Unlike the opposition, we have a fiscal strategy with fiscal rules and we have put forward our costings. Unlike the opposition, we did not have an $11 billion black hole in our election policies. Unlike the opposition, we do not have to cut $70 billion worth of services in health and education to make our policies add up.

Senator Cormann interjecting—

Under Mr Abbott, that economic team over there, of which Senator Cormann is a part, have never once got the costings right—never once. Whether it was in the election campaign, on the floods package or now on the super package they have never been able to show where they will get the money from. Australians will know that, as they always do, they will have to hack into health, education and other services to pay for their costing errors.

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