Senate debates

Thursday, 14 May 2015

Questions without Notice

Taxation

2:10 pm

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

What I can confirm is that we inherited a budget in a mess from the worst finance minister in Australia's history. We inherited a budget position that was rapidly deteriorating. We inherited a debt growth trajectory that was rapidly deteriorating. What I can confirm is that the position that we are in now is much better than what it would have been if the Labor Party had been re-elected to government in 2013. What I can confirm is that this side of the parliament is working hard to strengthen growth, to create more jobs and to get the budget back to surplus.

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