Senate debates Questions without Notice

Budget


Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Finance and Deregulation

2:13 pm

I know that Senator Joyce is conducting a one-man campaign to change the OECD's, the IMF's and the generally accepted economic metric by which economies measure their indebtedness. I wish him luck in that, but I do not agree with it. The reality is that net debt is a sensible way for governments—

Honourable senators interjecting—

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