Senate debates

Tuesday, 26 February 2013

Questions without Notice

Budget

2:17 pm

Photo of Barnaby JoyceBarnaby Joyce (Queensland, National Party, Leader of The Nationals in the Senate) Share this | Hansard source

I remind the minister that in last year's budget the government claimed that its borrowings would remain below the then debt limit of a quarter of one trillion dollars at the end of each financial year over the forward estimates. Given that UBS predicts that the government will need to borrow an additional $15 billion this year and noting that our current gross debt is $262 billion, is the government going to break yet another promise? How can the Australian people have any confidence in any figure this government delivers?

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