Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

What I said yesterday was that the government had before it the budget forecast, those from the RBA and, of course, those which were also outlined in the IMF’s World Economic Outlook for growth, all of which had a number with a ‘2’ in front of it for calendar 09 or financial 08-09. What I further said was that the government judged it necessary to have a financial stimulus package to provide a buffer for growth into the future because of the difficulties which were arising through recent developments on global financial markets. The government stands by its policy. It has acted prudently, it has acted early and it has acted decisively.

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