Senate debates

Thursday, 5 February 2009

Economy

3:06 pm

Photo of Barnaby JoyceBarnaby Joyce (Queensland, National Party) Share this | | Hansard source

I seek leave to make a brief statement.

Leave granted.

During question time in response to my question to Senator Conroy it was implied by Senator Conroy that he gave the answer yesterday as to costings. I have since gone back to the Hansard and want to read onto the record exactly what he said yesterday:

As I was saying, those opposite have no understanding of how the economy works. They have lost all corporate memory. Increased borrowing to fund the temporary deficit will impose a short-term cost on the budget. On current projections—