Thank you very much, Mr President. The spending growth trajectory that we inherited from the worst finance minister in Australia's history was taking us to 26.5 per cent spending as a share of the economy by 2023-24. We are actually now heading down. Under Labor, spending as a share of the economy was heading up, debt was heading up. We have now turned that situation around and debt is now heading down, and government spending as a share of the economy is heading down. It will peak in 2016-17 and it will— (Time expired)