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

In the United States, talking down the economy is called 'throwing sand in the gears' of the economy. As the opposition talk it down, they also try to talk down confidence—that is what they are doing. The allegation has been made by the shadow Treasurer that there is a hole in our budget, taken from a front page headline of the Financial Reviewwhich was dead wrong—completely wrong, completely inaccurate. Of course, we know that your $70 billion crater is there because you told us on morning television. You were sitting beside the minister for the environment when you confirmed that you have a $70 billion crater in your budget bottom line. If you want to disprove the fact that you put it into the media yourself, talk a walk down to the Parliamentary Budget Office.

See this speech in context