House debates

Tuesday, 2 June 2009

Questions without Notice

Economy

2:00 pm

Photo of Malcolm TurnbullMalcolm Turnbull (Wentworth, Liberal Party, Leader of the Opposition) Share this | Hansard source

My question is to the Prime Minister. I refer the Prime Minister to his dubious claim that all Commonwealth debt will be repaid in full by 2022. Will the Prime Minister explain to the House whether the prospect of higher global interest rates, as illustrated by the recent rise in bond yields, will jeopardise Labor’s capacity to repay this massive debt by 2022?

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