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

decisive and immediate action, and that is what is being delivered by the Rudd government because of the events in recent times. But we have been ahead of the game all year. We have been in discussions with the Reserve Bank, with the Treasury and with our international counterparts since January this year. And, of course, in the May budget we highlighted the risk to this economy from international forces. That was very much highlighted in our argument for a strong surplus. This is why in June this year we strengthened the investment mandate of the AOFM, it is why we introduced a financial claims scheme—

See this speech in context