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

What the shadow Treasurer is doing is quoting market value which, admittedly, does appear in the budget papers. But what is issued is face value. I have said to him earlier that we are below the cap. That is what I said to him. He is seeking to go out there and use a market value rather than a face value and the face value is what is issued and what the government owes. So he is deliberately seeking to increase and cause fear about modest debt levels and being dishonest at it.

See this speech in context