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

The most fundamental thing that we can do to reduce inflation is to build a significant budget surplus—absolutely. What we have got to do is make our economy much more productive. We have got to do something about the capacity constraints in this economy that were left to us by the previous government. The 20 warnings that the shadow minister opposite ignored when he was a minister of the Crown in the transport area signify more than anything the abject neglect of those opposite when it comes to real, longstanding, lasting action in the transport industry. Whilst they are frustrating our surplus, whilst they are blowing a hole in it, they cannot lecture anyone about inflation.

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