House debates

Monday, 10 September 2012

Questions without Notice

Budget

2:44 pm

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

I was asked about tax and I am answering that. We in government have made the commitment to keep tax below the level that we inherited—23.7 per cent of GDP. I have pointed out that the members opposite served in a government which was the highest taxing government in our history. Then I was asked about a hole, when the fact is that there is a $70 billion crater in their budget bottom line and the shadow Treasurer has told everybody that all the costings are done. So, if all the costings are done, why doesn't he just take the walk around to the Parliamentary Budget Office and slip in all of the opposition's plans so the public can see. But we remain committed to the commitment we gave— (Time expired)

Mr Pyne interjecting

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