Senate debates

Thursday, 11 May 2017

Questions without Notice

Budget

2:03 pm

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

Thank you, Mr President. What I was about to say is that the Turnbull government is proud—proud—of the fact that we have been able to reduce expenditure to the tune of $250 billion over the current and medium term. That is $250 billion that Labor would have had to borrow that we do not have to borrow, that will ensure that debt is lower than it would have been under Labor, which will help us to pay off debt once we are back in surplus— (Time expired)

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