Senate debates

Tuesday, 17 June 2014

Questions without Notice

Budget

2:09 pm

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

I thank Senator Di Natale for that follow-up question. The Treasurer's speech last week at the Sydney Institute was an outstanding speech, indeed. It explained the efforts of this budget to repair the budget mess that we have inherited from the Labor-Greens administration. We inherited a budget situation where Labor, in their first five years of government, accumulated $191 billion in deficits.

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