Senate debates

Wednesday, 16 July 2014

Matters of Public Interest

Budget

12:45 pm

Photo of Dean SmithDean Smith (WA, Liberal Party) Share this | Hansard source

Don't encourage me to go on. I feel your pain. I feel your embarrassment. Your Labor legacy of $123 billion in projected deficits and debt on a trajectory to reach $667 billion if no action is taken. It is utterly embarrassing. It is totally unsustainable. You should be ashamed.

On the other hand, there is the Australian Labor Party—the self-proclaimed friend of working people—who want to lock Australia into becoming a high debt, high deficit economy with low employment growth. What is more, Labor want Australians to trust them. Australians are ready and able to take a new challenge, to prepare themselves for a better budget outcome, to protect themselves from the future shocks in the international economy.

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