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

This is quite critical to where we are going. The first huge impact in terms of the borrowing requirements of the Commonwealth was the collapse in Commonwealth government revenues—$125 billion. We have said how that has occurred; we have detailed the tax categories. That is happening right across the world. Is Mr Turnbull, the Leader of the Opposition, going to say that he would not borrow for that?

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