Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I was making the point that, given the global uncertainty, fiscal discipline is absolutely critical in the environment we are in and that the IMF has made the point that the government has been putting in place that fiscal discipline, that it has been showing expenditure restraint, that it has been putting in place responsible savings in its budget. I also made the point that the global conditions do make all that more difficult, but the government is determined to return to surplus. I make this point because it stands in sharp contrast to the bungling and irresponsibility of those opposite: an $11 billion black hole one year ago which has now blown out to $70 billion—

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