Senate debates Questions without Notice

Budget


Mathias Cormann

Mathias Cormann WA, Liberal Party, Minister for Finance

2:37 pm

In the three short years that Senator Wong was the finance minister, the budget position deteriorated by more than $107 billion, compared to the forecast at budget time. So our first job was to find the bottom in Labor's mess. We did that in the Mid-Year Economic and Fiscal Outlook. Our second job was to lay out operation budget repair—

Opposition senators interjecting—

and we did that in the budget. And of course, the Senate has now passed our budget repair bill—they have passed our appropriation bills. We will continue to work through all of the budget measures as part of operation budget repair in an orderly and methodical process.

Opposition senators interjecting—

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