Monday, 6 March 2023
Questions without Notice
Yes, indeed, I'll take that interjection from Senator Watt. I am running out of time, because there is a list of things here that we are uncovering and will continue to work on—from October, and now into the May budget. But we are looking at how we can limit the growth in spending, especially when inflation is high; how we support modest revenue increases, for example, to support our budget repair, which was the announcement we made last week; and focusing new spending on investments that grow the capacity of the economy like the National Reconstruction Fund, which the 'no-alision' are opposed to. They're opposed to manufacturing jobs, opposed to jobs in the region, opposed to Australia getting their fair share of support from a government for those important industries that we're going to rely on in years to come.
The October budget also included savings, and we will continue to look at sensible savings areas where we can as we commit to the ongoing role of budget repair.