Warren Truss (Wide Bay, National Party, Shadow Minister for Infrastructure and Transport and Local Government) Share this | Hansard source

My question is to the Treasurer and it follows on from the answer just given by the Minister for Finance and Deregulation. Can the Treasurer explain why he believes the massive projected increases in state debt are not inflationary while at the same time he says that federal expenditure must be cut and the federal budget surplus must be increased to deal with inflation? Why is state government expenditure on infrastructure not inflationary but Australian government expenditure on infrastructure is inflationary?

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