House debates

Wednesday, 31 May 2006

Appropriation Bill (No. 1) 2006-2007; Appropriation Bill (No. 2) 2006-2007; Appropriation (Parliamentary Departments) Bill (No. 1) 2006-2007; Appropriation Bill (No. 5) 2005-2006; Appropriation Bill (No. 6) 2005-2006

Second Reading

11:59 am

Photo of Patrick SeckerPatrick Secker (Barker, Liberal Party) Share this | Hansard source

The Labor Party can have all the fun they like in the House, but in this sort of matter the facts I have given are absolute facts. We are talking about government debt. If they want to raise other issues in different areas, they can. The Labor government left us $96 billion of debt. We have now got rid of that, and they seek to hide from this. They try and lecture us on interest rates. They were the government that gave us 17½ per cent housing mortgage rates and 22 per cent interest rates for farmers and small business. So do not try and lecture this government on interest rates, because we have the lowest level of interest rates—

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