House debates

Thursday, 16 May 2013

Questions without Notice

New Zealand Budget

2:48 pm

Photo of Joe HockeyJoe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to the New Zealand budget, released a few hours ago, that forecasts faster economic growth, falling unemployment and a budget surplus one year earlier than Australia. How can the Treasurer insist that the government's budget of deficits, higher unemployment and slower economic growth is unavoidable when New Zealand has been able to deliver an earlier surplus without a major resources industry and with a strong New Zealand dollar?

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