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

My question is to the Treasurer. I refer the Treasurer to the remarks overnight of someone he keeps referencing—the British Prime Minister, Gordon Brown—that his government would ‘cut costs, cut inefficiencies, cut unnecessary programs and cut lower priority budgets to wind back the British fiscal stimulus.’ Given Australia has a far stronger economy and an even larger fiscal stimulus than the United Kingdom, and given daily revelations of waste and mismanagement in the Building the Education Revolution program and other programs, will the government cut its wasteful spending to reduce the upward pressure on interest rates?

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