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

He spent like a drunken sailor and the working families of Australia are now paying the price. Eight interest rate rises in the last three years is the legacy of the member for Higgins, and apparently it is this behaviour that the member for Wentworth completely condones and supports. If he does condone and support that behaviour, it shows he is absolutely unqualified to lead a political party in this country. We have a very big inflation challenge on our hands, and inflation is the enemy of prosperity. It is the enemy of working families and it is why, in this budget, we have worked so hard to put in place our savings to build the surplus and to put the investment in place for the future. But none of these things are understood by the member for Wentworth. He is utterly irresponsible!

See this speech in context