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

The fact is that we will return our budget to surplus consistent with our fiscal rules—fiscal rules that we outlined and which flow from the Charter of Budget Honesty which was put in place by the former Treasurer, Peter Costello. That demands that we bring down a budget update within around six months of the previous budget—and that is what the government is going to do, as we normally do. Those opposite have refused to participate honestly in the Charter of Budget Honesty. On breakfast television last year we saw the shadow Treasurer say there was a $70 billion crater in the Liberal Party's budget line.

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