Senate debates

Wednesday, 9 May 2012

Questions without Notice

Budget

2:05 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Shadow Minister for Employment and Workplace Relations) Share this | Hansard source

Mr President, I ask a supplementary question. Last night's budget told us the government intends to legislate to increase by $50 billion the Commonwealth's debt ceiling from $250 to $300 billion. Can the minister explain why a government that claims to be delivering surpluses in each of the next four years needs to put another $50 billion on the national credit card limit, thereby potentially putting every Australian man, woman and child up to $13,000 in debt?

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