Senate debates

Thursday, 22 November 2012

Questions without Notice

Economy

2:20 pm

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

Mr President, I ask a supplementary question. Given the budget deficit for July and August this year was almost $2 billion, or 24 per cent, higher than the average deficit for the same period over the past four years, when Labor was running record high budget deficits averaging $43 billion per year, how can anyone believe the government's promise to deliver a budget surplus this financial year?

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