Senate debates

Thursday, 13 September 2012

Questions without Notice: Additional Answers

Economy

3:00 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | | Hansard source

I want to add to an answer that I gave today, I think in answer to Senator Ronaldson, where I gave him the peak net debt figure for the current forward estimates period for 2012-13 as being 9.2 per cent of GDP. For the sake of completeness I do want to inform him that that is down from a net debt position of 9.6 per cent of GDP in the 2011-12 year.