Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

Of course, what that means is that the first step that has to be taken is that the federal government itself has to take the lead, has to provide restraint. So it falls to us to cut back your reckless spending spree—and we will, which is why the Prime Minister has made his commitment for a surplus of at least 1.5 per cent of GDP. It is why the Prime Minister made the announcement in the House today about there being the need for restraint—and there is, because those in the opposition do not understand the problem. We have to have some fiscal discipline.

See this speech in context