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

Mr President, if Senator Cormann wants to talk about records, perhaps he should be up-front with his record that the economic team on that side of that chamber has never once delivered a costed set of policies that added up—never once. And I predict they never will, because they still refuse to say that they will comply with Peter Costello's Charter of Budget Honesty. It is extraordinary, isn't it. 'Senator Wong and Mr Swan from the other place,' these people on the other side say, 'are profligate spenders and don't know what they’re doing.' We are the ones who are complying with Peter Costello's Charter of Budget Honesty, whereas those over there, who continually beat their chests about how fiscally disciplined they are, keep going very quiet when it comes to the Charter of Budget Honesty. You just keep out there with your catering company costings and your $11 billion black hole that was found at the last election in $70 billion worth of cuts. (Time expired)