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

I think the minister did not quite understand what I was saying. It is one thing to have the best Treasury forecasts and projections, but revenue is another thing. On this occasion, the Treasurer and the minister have confirmed that the revenue estimates of $9 billion are conservative. Given that Dr Henry said that as well—so now both the minister and Dr Henry have said the estimated revenue of $9 billion is conservative—I again ask the minister if he could tell us whether it is $12 billion, $14 billion, $7 billion, $15 billion or whatever. Obviously, if it is a conservative figure, it is more than $9 billion, but the question is just how conservative it is.

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