Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

Mr President, I have a supplementary question. Can the minister confirm that the last time revenue increased by more than 11 per cent was back in 1987-88, when Australia's GDP grew by 5.6 per cent and our terms of trade actually also rose by 8.7 per cent rather than falling by more than five per cent? In the current circumstances how can anyone trust the overly optimistic revenue assumptions in this budget?