Thursday, 14 November 2013
Commonwealth Inscribed Stock Amendment Bill 2013; In Committee
It will be reached at some stage over the forward estimates. If, for example, there is a greater deterioration in the Mid-Year Economic and Fiscal Outlook than the one that is in prospect at the moment, that may be sooner rather than later. But we have never hidden from the fact that we are talking here about a debt limit that covers the peak over that period and provides that buffer of $40 billion to $60 billion that I talked about before.