Senate debates Questions without Notice

Budget

Thursday, 16 May 2013 Senate
Penny Wong

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

2:05 pm

I was talking about UBS, given I was asked about forecasts. According to UBS, the budget contains more:

… conservative and credible revenue forecasts—without unduly leaning on the economy’s near-term vulnerable economic recovery.

So the reality is: the market does not agree with what Senator Joyce is putting. Nor, I am reminded, does former Prime Minister John Howard—

Hansard source Link to this

Comments

No comments