House debates

Tuesday, 26 May 2009

Questions without Notice

Economy

2:44 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to the Prime Minister’s last answer today when he said the government net debt will be paid off in 2022. In order to now pay the debt off, the government would have to run record surpluses of more than two per cent of GDP for eight years straight. Treasurer, when ever in the history of our country has a government done that?

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