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

The hide! Let me say to the good senator that the numbers are of course all published in the budget papers. I know that the Labor Party comes into this chamber trying to play cute games. But let me tell you this: this government continues to work to fix up the mess that you left behind. You guys were spending like drunken sailors. You guys were putting us on a deficit and debt trajectory over the long term that we are still trying to sort out. We are now on track to bring the budget back into surplus by 2020-21, to the tune of $7.4 billion. We are now on track with a situation where net debt will peak as a share of GDP at 19.8 per cent in the 2018-19 financial year.