Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

Again, I thank Senator Grogan for the question, because finding savings across our budget has been an important part of our fiscal strategy, and in MYEFO we did find another $20 billion. Compared to when we came to government, the budget position has improved by more than $233 billion over the seven years, debt is $176 billion lower in 2025-26, and we have saved $60 billion in interest costs on that Liberal debt that we inherited. We've managed to deal with real payments growth, and those savings have allowed us to reprioritise, to repair the budget, to pay down debt and, importantly, to build up the services that those opposite spent their entire time in government tearing down, like hospitals, Medicare, early education and care, and schools—all the services that the people of Australia rely upon.