Senate debates

Wednesday, 26 March 2014

Questions without Notice


2:09 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

The former finance minister, Senator Wong, was furiously interjecting there as I was answering the previous question, accusing us of spending cuts. Well, do you know what? Senator Wong and the Labor Party cannot have it both ways. They cannot say: 'Limit yourself to two per cent growth in real spending. Lock in spending growth of six per cent in real terms, including 3.5 per cent growth in real terms in education spending, 4.2 per cent growth in real terms in health spending, 13 per cent growth in real terms in defence spending, 66 per cent growth in real terms in overseas aid spending and 125 per cent growth in real terms in spending on disability services, hidden in the period beyond the forward estimates.' Either you say that you should stick to your fiscal rules, as the shadow Treasurer and the Leader of the Opposition said earlier today, which would mean limiting all of these spending increases to two per cent, contrary to what you put into the budget trajectory, or you do not mean it. (Time expired)


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