Senate debates

Wednesday, 3 September 2014

Questions without Notice

Budget

2:15 pm

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

The cunning Senator Dastyari; he has got us! Guess what? It is actually preserved until after the election because it is part of the low-income support bonus. The Labor Party will have the opportunity, in the lead-up to the next election, to tell the Australian people what they will do.

Will you keep the low-income support bonus going past 31 December 2016? How will you pay for it? Will you keep the low-income super contribution going past 30 June 1017? How will you pay for it? Will you keep the schoolkids bonus going and remove the means test past 31 December 2015? How will you pay for it? This budget that we have inherited from you is not a magic pudding. We inherited $123 billion in projected deficits, and debt headed for $667 billion. We are working to build a stronger economy and to repair your budget mess. It is time that— (Time expired)

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